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www.detroitbankruptmovie.com
Detroit U.S.A.: Once the most prosperous city in America. With a booming manufacturing sector and cultural magnetism, the city had bright horizons after World War II. But as the 1960′s rolled in, the marriage of Big Business and Big Government overtook Detroit. The central planners in government needed the powerful corporations, and the powerful corporations came to depend on the bureaucracy, too. The marriage worked well for the politicians and for their corporate cronies, but Detroit itself entered a decades-long decline. America watched as Detroit slowly bled people, jobs and revenue. Politicians tried spending money. They tried raising taxes. The more they taxed and spent, the faster the city declined.
Detroit still had its "Big Three" auto manufacturers, until two of its crown jewels, General Motors and Chrysler, imploded in 2008 under the weight of reckless and subsidized mismanagement.
Instead of allowing market forces to rebuild Detroit and the auto industry, the United States handed billions of dollars to General Motors and Chrysler.
Five years later, the city of Detroit is bankrupt and almost $20 billion dollars in debt. Meanwhile, General Motors has a cash balance of over $20 billion, still owes the taxpayers over $10 billion dollars that outgoing CEO Dan Akerson said will not be paid, and the company continues to benefit from an unprecedented $18 billion tax gift from the bankruptcy.
Why is General Motors walking away with billions while Detroit dies?
How did so much money change hands between the world's most powerful corporate leaders and government officials while delivering on so little of the promise sold to America by central planners? Bankrupt: How Cronyism & Corruption Took Down Detroit answers this question, and many others. Complete with the candid analysis of pundits, journalists, analysts and government officials, sourcing of historical news and government archives, and on-scene interviews with everyday Detroiters, Bankrupt sheds light on what happened to Detroit, and who is to blame.
And most importantly, it asks "What is next for the Motor City?"

SUBSCRIBE for MORE: http://www.youtube.com/subscription_center?add_user=ALPROFIT
Detroit is in bankruptcy, but once upon a time, Detroit was the heart of the American Dream. Good jobs, big cars, and the world's most profitable companies placed the city at the heart of the global economy.
But as this empire of cars began to crumble and the jobs evaporated, Detroit became the crime capital of America, and a new business, illegal drugs, took over the economy.
Now the city lies in shambles: Detroit is the poorest and most violent major city in America. The heart of the American Dream has been shattered.
From corrupt narcotics cop Henry Marzett to the infamous Young Boys Inc, White BoyRick, and the Best FriendsMurder for Hire gang: see the Kingpins and Killers that called Detroit home and became the Henry Fords and Lee Iacoccas of a new generation.
What happens when the Ceo's and Politicians fail in their plans? It's called DETROIT.
http://www.alprofit.com

published:22 Oct 2012

views:1807276

After years of the recession, Detroit has finally succumbed to financial difficulties.

published:19 Jul 2013

views:10983

RecentlyDetroit filed for a Chapter 9 bankruptcy due to its colossal $18 billion dollars in debt. It's the largest American city thus far to go belly up. Detroit was once the most prosperous city in America by a wide margin. Decades ago it was even referred to as "the Paris of the West" due to its tremendous architectural beauty. Unfortunately since the 1950's the city has steadily declined in population and per capita income and increased in unemployment and crime rate. Detroit is now not only one of the most dangerous cities in America, but the entire world for a number of factors including murder rate and police response times averaging over an hour. Seven out of eight murders in Detroit go unsolved, allegedly due to exceptionally low police resources. The city is also plagued with an average of over 30 arson fires per day with many that don't get put out for hours due to severely inadequate fire department resources. It's sad to see a once magnificent city brought to its knees through government corruption and failed philosophies, fading local industries, moral decay and so on. Hopefully Detroit will find a path to real change and climb its way back to becoming the world class city it once was. If you find this Super Ghettos of Detroit video interesting then make sure to give it a thumbs up and post a comment below and say what you think.

published:30 Jul 2013

views:10561

This documentary film shows what Detroit used to look like in the past with clean streets and busy businesses was they way this old town rolled.

published:20 Apr 2015

views:128496

It's no secret that the Motor City has seen better days - but what's the real reason for its decline? And why isn't the media talking about it?

published:05 Dec 2013

views:8671

"The city of Detroit filed for Chapter 9 bankruptcy protection in federal court Thursday, laying the groundwork for a historic effort to bail out a city that is sinking under billions of dollars in debt and decades of mismanagement, population flight and loss of tax revenue. The bankruptcy filing makes Detroit the largest city in U.S. history to do so." Cenk Uygur, John Iadarola, Jimmy Dore and Ben Mankiewicz of The Young Turks discuss.
Read more: http://www.usatoday.com/story/news/nation/2013/07/18/detroit-prepares-bankruptcy-filing-friday/2552819/
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published:21 Jul 2013

views:102807

In the 2008 economic crisis that spread across the United States, the city of Detroit was among the places where the burn was most felt. Detroit residents, who were mostly employed by the automotive industry before the crisis, felt their way forward. Many have turned to family business. With the exposure to Chinese market, they are offered with new opportunities.

More at http://www.LouderWithCrowder.com
Detroit, having had far-left Democratic mayors and never-ending public funding since 1961, is emblematic of modern liberalism. Just how has it worked for Detroit? Watch...Follow me on Twitter: https://twitter.com/scrowder
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Students Condemn Free Speech/1st Amendment On Video!:
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Detroit is the center of a three-county urban area (population 3,734,090, area of 1,337 square miles (3,460km2), a 2010 United States Census) six-county metropolitan statistical area (2010 Census population of 4,296,250, area of 3,913 square miles [10,130km2]), and a nine-county Combined Statistical Area (2010 Census population of 5,218,852, area of 5,814 square miles [15,060km2]). The Detroit–Windsor area, a commercial link straddling the Canada–U.S. border, has a total population of about 5,700,000. The Detroit metropolitan region holds roughly one-half of Michigan's population.

Detroit’s bankruptcy filing followed a declaration of financial emergency in March 2013 that resulted in Kevyn Orr being appointed as "emergency manager" of the city by Michigan Governor Rick Snyder. Orr’s subsequent negotiations sought to get creditors to willingly “take a haircut” on Detroit’s debt, and were ultimately unsuccessful.

Kevyn Orr

Kevyn Duane Orr (born May 11, 1958) is the former emergency manager of the city of Detroit, Michigan. He was appointed by Governor Rick Snyder on March 14, 2013.

Prior career

Orr holds B.A. (1979) and J.D. (1983) degrees from the University of Michigan. He began his legal career as an associate with Sterns Weaver Miller Weissler Alhadeff & Sitterson in Miami, where he was promoted to shareholder in 1988. He joined the Federal Deposit Insurance Corporation in 1991, and soon transferred to the Resolution Trust Corporation, where he became assistant general counsel for complex litigation and bankruptcy. Starting in 1995 he was the deputy director of the Executive Office for United States Trustees, a division of the United States Department of Justice that monitors the nation's bankruptcy system, and in 2000 he became the director of the United States Trustees Program.

In 2001, Orr joined the Washington, D.C. office of the international law firm Jones Day as a partner. Orr had been picked to lead Jones Day's new Miami office before he resigned his partnership to move to Detroit. Noting his "impressive depth of experience," legal industry publication Chambers and Partners listed Orr among the top bankruptcy lawyers in Washington as of 2013.

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41:19

Bankrupt - How Cronyism and Corruption Brought Down Detroit

Bankrupt - How Cronyism and Corruption Brought Down Detroit

Bankrupt - How Cronyism and Corruption Brought Down Detroit

www.detroitbankruptmovie.com
Detroit U.S.A.: Once the most prosperous city in America. With a booming manufacturing sector and cultural magnetism, the city had bright horizons after World War II. But as the 1960′s rolled in, the marriage of Big Business and Big Government overtook Detroit. The central planners in government needed the powerful corporations, and the powerful corporations came to depend on the bureaucracy, too. The marriage worked well for the politicians and for their corporate cronies, but Detroit itself entered a decades-long decline. America watched as Detroit slowly bled people, jobs and revenue. Politicians tried spending money. They tried raising taxes. The more they taxed and spent, the faster the city declined.
Detroit still had its "Big Three" auto manufacturers, until two of its crown jewels, General Motors and Chrysler, imploded in 2008 under the weight of reckless and subsidized mismanagement.
Instead of allowing market forces to rebuild Detroit and the auto industry, the United States handed billions of dollars to General Motors and Chrysler.
Five years later, the city of Detroit is bankrupt and almost $20 billion dollars in debt. Meanwhile, General Motors has a cash balance of over $20 billion, still owes the taxpayers over $10 billion dollars that outgoing CEO Dan Akerson said will not be paid, and the company continues to benefit from an unprecedented $18 billion tax gift from the bankruptcy.
Why is General Motors walking away with billions while Detroit dies?
How did so much money change hands between the world's most powerful corporate leaders and government officials while delivering on so little of the promise sold to America by central planners? Bankrupt: How Cronyism & Corruption Took Down Detroit answers this question, and many others. Complete with the candid analysis of pundits, journalists, analysts and government officials, sourcing of historical news and government archives, and on-scene interviews with everyday Detroiters, Bankrupt sheds light on what happened to Detroit, and who is to blame.
And most importantly, it asks "What is next for the Motor City?"

SUBSCRIBE for MORE: http://www.youtube.com/subscription_center?add_user=ALPROFIT
Detroit is in bankruptcy, but once upon a time, Detroit was the heart of the American Dream. Good jobs, big cars, and the world's most profitable companies placed the city at the heart of the global economy.
But as this empire of cars began to crumble and the jobs evaporated, Detroit became the crime capital of America, and a new business, illegal drugs, took over the economy.
Now the city lies in shambles: Detroit is the poorest and most violent major city in America. The heart of the American Dream has been shattered.
From corrupt narcotics cop Henry Marzett to the infamous Young Boys Inc, White BoyRick, and the Best FriendsMurder for Hire gang: see the Kingpins and Killers that called Detroit home and became the Henry Fords and Lee Iacoccas of a new generation.
What happens when the Ceo's and Politicians fail in their plans? It's called DETROIT.
http://www.alprofit.com

1:45

Detroit Is Largest US City to Go Bankrupt

Detroit Is Largest US City to Go Bankrupt

Detroit Is Largest US City to Go Bankrupt

After years of the recession, Detroit has finally succumbed to financial difficulties.

4:52

The Super Ghettos of Bankrupt Detroit - Part 1

The Super Ghettos of Bankrupt Detroit - Part 1

The Super Ghettos of Bankrupt Detroit - Part 1

RecentlyDetroit filed for a Chapter 9 bankruptcy due to its colossal $18 billion dollars in debt. It's the largest American city thus far to go belly up. Detroit was once the most prosperous city in America by a wide margin. Decades ago it was even referred to as "the Paris of the West" due to its tremendous architectural beauty. Unfortunately since the 1950's the city has steadily declined in population and per capita income and increased in unemployment and crime rate. Detroit is now not only one of the most dangerous cities in America, but the entire world for a number of factors including murder rate and police response times averaging over an hour. Seven out of eight murders in Detroit go unsolved, allegedly due to exceptionally low police resources. The city is also plagued with an average of over 30 arson fires per day with many that don't get put out for hours due to severely inadequate fire department resources. It's sad to see a once magnificent city brought to its knees through government corruption and failed philosophies, fading local industries, moral decay and so on. Hopefully Detroit will find a path to real change and climb its way back to becoming the world class city it once was. If you find this Super Ghettos of Detroit video interesting then make sure to give it a thumbs up and post a comment below and say what you think.

15:51

The Once Great City of Detroit (720p)

The Once Great City of Detroit (720p)

The Once Great City of Detroit (720p)

This documentary film shows what Detroit used to look like in the past with clean streets and busy businesses was they way this old town rolled.

4:51

What the media isn't telling you about Detroit's bankruptcy

What the media isn't telling you about Detroit's bankruptcy

What the media isn't telling you about Detroit's bankruptcy

It's no secret that the Motor City has seen better days - but what's the real reason for its decline? And why isn't the media talking about it?

7:07

Detroit Becomes Largest U.S. City EVER To Declare Bankruptcy

Detroit Becomes Largest U.S. City EVER To Declare Bankruptcy

Detroit Becomes Largest U.S. City EVER To Declare Bankruptcy

"The city of Detroit filed for Chapter 9 bankruptcy protection in federal court Thursday, laying the groundwork for a historic effort to bail out a city that is sinking under billions of dollars in debt and decades of mismanagement, population flight and loss of tax revenue. The bankruptcy filing makes Detroit the largest city in U.S. history to do so." Cenk Uygur, John Iadarola, Jimmy Dore and Ben Mankiewicz of The Young Turks discuss.
Read more: http://www.usatoday.com/story/news/nation/2013/07/18/detroit-prepares-bankruptcy-filing-friday/2552819/
Support The Young Turks by Subscribing http://www.youtube.com/user/theyoungturks
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6:58

Sell to China, once bankrupt Detroit is told upon its rebirth

Sell to China, once bankrupt Detroit is told upon its rebirth

Sell to China, once bankrupt Detroit is told upon its rebirth

In the 2008 economic crisis that spread across the United States, the city of Detroit was among the places where the burn was most felt. Detroit residents, who were mostly employed by the automotive industry before the crisis, felt their way forward. Many have turned to family business. With the exposure to Chinese market, they are offered with new opportunities.

Detroit in RUINS! (Crowder goes Ghetto)

More at http://www.LouderWithCrowder.com
Detroit, having had far-left Democratic mayors and never-ending public funding since 1961, is emblematic of modern liberalism. Just how has it worked for Detroit? Watch...Follow me on Twitter: https://twitter.com/scrowder
Like me on Facebook: https://www.facebook.com/stevencrowde...
Follow me on Vine: https://vine.co/u/1136892885917368320
Check out more of my videos!
HIDDEN CAM: #GayWeddingCakes at Muslim Bakeries?
https://www.youtube.com/watch?v=RgWIhYAtan4
#SJW Feminist FestivalCrashed By Crowder...In Underwear
https://www.youtube.com/watch?v=aWJT0egzAy0
Students Condemn Free Speech/1st Amendment On Video!:
https://www.youtube.com/watch?v=HwF9SFaKy6U&list=PL85933DBA7E52B5B6&index=14
The 2nd Amendment : For Muskets Only?!:
https://www.youtube.com/watch?v=CquUBWHU2_s
Crowder Argues Gun Rights with Leftist: https://www.youtube.com/watch?v=o5cm91dFXJo
Pop culture and politics from the most politically incorrect comedy channel on the web. Hippies and Muslims hate me!

Detroit has declared bankruptcy, but that is not stopping this Democratic city of insolvency from building a new stadium. What is it about being bankrupt that the Motor City does not understand? Find out as Trifecta examines the polices of that led Detroit into bankruptcy court, and could very well take our country down the same path.

5:15

Taxes Fund $444 Million NHL Arena In Bankrupt Detroit

Taxes Fund $444 Million NHL Arena In Bankrupt Detroit

Taxes Fund $444 Million NHL Arena In Bankrupt Detroit

Detroit's financial crisis hasn't derailed the city's plans to spend more than $400 million in Michigan taxpayer funds on a new hockey arena for the Red Wings.
Advocates of the arena say it's the kind of economic development needed to attract both people and private investment dollars into downtown Detroit. It's an argument that has convinced Michigan Gov. Rick Snyder and Kevyn Orr, the emergency manager he appointed to oversee the city's finances, to stick with the plan. Orr said Detroit's bankruptcy filing won't halt the arena plans...Read More At:
http://money.cnn.com/2013/07/26/news/economy/detroit-bankruptcy-arena/
Clip from the Tuesday, July 30th 2013 edition of TheKyleKulinskiShow, which airs live on Blog Talk Radio and Secular TalkRadio monday - friday 5-7pm Eastern.
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3:11

Bankrupt: Today Detroit, Tomorrow the world?

Bankrupt: Today Detroit, Tomorrow the world?

Bankrupt: Today Detroit, Tomorrow the world?

Detroit is bankrupt! Surprised? You shouldn't be. This has been a long time coming, and given the state of the city it should be a surprise to no one. Insane crime stats, nearly 80,000 abandoned buildings, and 40% of the city has no public illumination after darkness falls.
I visited the city 15 years ago as a teenager and was dumbfounded by the empty streets and abandoned, rickety buildings everywhere. I can only imagine what it's like now.
Is this part of a larger overall trend? I think given the debt situation in most western countries, including the USA and Canada, we will see more of this in the near future. Once the public wakes up to the true debt floating around, and that the dollars the banks and the government are throwing around are fabrications, there may be a major correction about to occur. I hope I'm wrong, but all the signs are pointing that way.

Detroit Files for Bankruptcy

From VOALearning English, this is the Economics Report.
Detroit Mayor Dave Bing had to report some bad news recently. He said Detroit was seeking bankruptcy protection. The move would give the city court protection from creditors. The decision to declare bankruptcy is an effort to restructure and reduce debt. It comes at a difficult time for Detroit. In March, Michigan GovernorRick Snyder named Kevyn Orr, a bankruptcy expert, to oversee the city's financial problems. Detroit has been struggling to reduce a budget deficit of more than $300 million. In addition, the city's long-term debt has increased to at least $18 billion.
Detroit's problems have grown over many years. Michigan State University professor Eric Scorsone says the city depended too much on one industry: automobile manufacturing. Jobs with car makers were a big reason why Detroit was one of the country's largest cities half a century ago. In the1950s, it had a population of about 1.8 million people. Today the number is down to less than 800,000. RobinBoyle is a professor of urban planning at Wayne State University. He says, over the years, many Detroit residents moved to areas outside the city or even left the state. That hurt Detroit's ability to invest in itself. It is rare for a large American city of seek bankruptcy protection. In 1975, New York City came close before the federal government agreed to provide money. Detroit, however, is the largest city to seek bankruptcy.
Now, a federal judge is to consider Detroit's request. One of the main issues is what to do about the retirement pay of city workers. Currently, there are many more retired workers than those paying into the pension system. For VOA Learning English, I'm AlexVillarreal.

2:37

Detroit Revival: Investment turning around formerly bankrupt city

Detroit Revival: Investment turning around formerly bankrupt city

Detroit Revival: Investment turning around formerly bankrupt city

The American city of Detroit, which just three years ago filed for bankruptcy, is now finally on the mend.
CCTV reports from the Motor City.
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3:56

Can Detroit Realistically Get Itself Out of Debt? | Detroit Bankruptcy

Can Detroit Realistically Get Itself Out of Debt? | Detroit Bankruptcy

Can Detroit Realistically Get Itself Out of Debt? | Detroit Bankruptcy

Detroit officially exits bankruptcy

Detroit officially exits bankruptcy
Detroit has now emerged from bankruptcy. Governor Rick Snyder was joined by Mayor MikeDuggan and Emergency ManagerKevyn Orr to address Detroit's exit from the financial emergency.
Kevyn Orr has resigned and he will soon be leaving town.
"It's time for me to step back and return the city to the regular order," said Orr.
GovernorSnyder thanked Orr for his help in getting the city back on financial track, calling it a "historic day" for the city.
"You'll always be considered an honorary Michigander," Governor Snyder told Orr.
“Detroit stands taller today,” Snyder said. “Our state’s largest city has moved through this historic bankruptcy to move toward a brighter future. This was difficult work that required bold leadership and sacrifices from many people, and there is more to do. But we also have watched through this process the people of our state draw closer and stand together in support of Detroit, recognizing that all of Michigan is better when the city thrives.”
Detroit Mayor Mike Duggan also spoke during the news conference. "It's a good day for the city... a necessary day," Duggan said.
He says now is the time to put talk of bankruptcy and financial emergency behind us.
Kevyn Orr's term as EM will officially end on Thursday, December 11 at 12:01 a.m.
Full story at WXYZ.com:
http://www.wxyz.com/news/region/detroit/detroit-bankruptcy-officially-over-finances-handed-back-to-the-city

Bankrupt - How Cronyism and Corruption Brought Down Detroit

www.detroitbankruptmovie.com
Detroit U.S.A.: Once the most prosperous city in America. With a booming manufacturing sector and cultural magnetism, the city had bright horizons after World War II. But as the 1960′s rolled in, the marriage of Big Business and Big Government overtook Detroit. The central planners in government needed the powerful corporations, and the powerful corporations came to depend on the bureaucracy, too. The marriage worked well for the politicians and for their corporate cronies, but Detroit itself entered a decades-long decline. America watched as Detroit slowly bled people, jobs and revenue. Politicians tried spending money. They tried raising taxes. The more they taxed and spent, the faster the city declined.
Detroit still had its "Big Three" auto manufacturers, ...

published: 01 Feb 2014

The Truth About Detroit's Bankruptcy

Stefan Molyneux breaks down the truth about Detroit's recent bankruptcy including debt, unfunded pensions, health care liabilities, legalities, unemployment, income, poverty, tax burden, education, police, crime, white flight, racial divide, corruption, more bankruptcies coming, bailouts, and comparisons to the United States economy.
Sources: http://board.freedomainradio.com/topic/36614-the-truth-about-detroits-bankruptcy/
Freedomain Radio is 100% funded by viewers like you. Please support the show by signing up for a monthly subscription or making a one time donation at: http://www.fdrurl.com/donate
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Detroit is in bankruptcy, but once upon a time, Detroit was the heart of the American Dream. Good jobs, big cars, and the world's most profitable companies placed the city at the heart of the global economy.
But as this empire of cars began to crumble and the jobs evaporated, Detroit became the crime capital of America, and a new business, illegal drugs, took over the economy.
Now the city lies in shambles: Detroit is the poorest and most violent major city in America. The heart of the American Dream has been shattered.
From corrupt narcotics cop Henry Marzett to the infamous Young Boys Inc, White BoyRick, and the Best FriendsMurder for Hire gang: see the Kingpins and Killers that called Det...

published: 22 Oct 2012

Detroit Is Largest US City to Go Bankrupt

After years of the recession, Detroit has finally succumbed to financial difficulties.

published: 19 Jul 2013

The Super Ghettos of Bankrupt Detroit - Part 1

RecentlyDetroit filed for a Chapter 9 bankruptcy due to its colossal $18 billion dollars in debt. It's the largest American city thus far to go belly up. Detroit was once the most prosperous city in America by a wide margin. Decades ago it was even referred to as "the Paris of the West" due to its tremendous architectural beauty. Unfortunately since the 1950's the city has steadily declined in population and per capita income and increased in unemployment and crime rate. Detroit is now not only one of the most dangerous cities in America, but the entire world for a number of factors including murder rate and police response times averaging over an hour. Seven out of eight murders in Detroit go unsolved, allegedly due to exceptionally low police resources. The city is also plagued wit...

published: 30 Jul 2013

The Once Great City of Detroit (720p)

This documentary film shows what Detroit used to look like in the past with clean streets and busy businesses was they way this old town rolled.

published: 20 Apr 2015

What the media isn't telling you about Detroit's bankruptcy

It's no secret that the Motor City has seen better days - but what's the real reason for its decline? And why isn't the media talking about it?

Sell to China, once bankrupt Detroit is told upon its rebirth

In the 2008 economic crisis that spread across the United States, the city of Detroit was among the places where the burn was most felt. Detroit residents, who were mostly employed by the automotive industry before the crisis, felt their way forward. Many have turned to family business. With the exposure to Chinese market, they are offered with new opportunities.

published: 25 Jun 2017

DETROIT LOST CITY - Can it be Saved? (Part I)

In today's video, Topher Morrison of AMTV explores the aftermath of the city of Detroit's bankruptcy filing and asks a very important question, 'Can it be Saved?'
http://www.amtvmedia.com/providentmetals-com-redirect-detroit-lost-city-can-it-be-saved-part-i/
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'Hard-hitting and in ...

published: 09 Aug 2013

Detroit in RUINS! (Crowder goes Ghetto)

More at http://www.LouderWithCrowder.com
Detroit, having had far-left Democratic mayors and never-ending public funding since 1961, is emblematic of modern liberalism. Just how has it worked for Detroit? Watch...Follow me on Twitter: https://twitter.com/scrowder
Like me on Facebook: https://www.facebook.com/stevencrowde...
Follow me on Vine: https://vine.co/u/1136892885917368320
Check out more of my videos!
HIDDEN CAM: #GayWeddingCakes at Muslim Bakeries?
https://www.youtube.com/watch?v=RgWIhYAtan4
#SJW Feminist FestivalCrashed By Crowder...In Underwear
https://www.youtube.com/watch?v=aWJT0egzAy0
Students Condemn Free Speech/1st Amendment On Video!:
https://www.youtube.com/watch?v=HwF9SFaKy6U&list=PL85933DBA7E52B5B6&index=14
The 2nd Amendment : For Muskets Only?!:
https://www.y...

Detroit has declared bankruptcy, but that is not stopping this Democratic city of insolvency from building a new stadium. What is it about being bankrupt that the Motor City does not understand? Find out as Trifecta examines the polices of that led Detroit into bankruptcy court, and could very well take our country down the same path.

Bankrupt: Today Detroit, Tomorrow the world?

Detroit is bankrupt! Surprised? You shouldn't be. This has been a long time coming, and given the state of the city it should be a surprise to no one. Insane crime stats, nearly 80,000 abandoned buildings, and 40% of the city has no public illumination after darkness falls.
I visited the city 15 years ago as a teenager and was dumbfounded by the empty streets and abandoned, rickety buildings everywhere. I can only imagine what it's like now.
Is this part of a larger overall trend? I think given the debt situation in most western countries, including the USA and Canada, we will see more of this in the near future. Once the public wakes up to the true debt floating around, and that the dollars the banks and the government are throwing around are fabrications, there may be a major co...

Detroit Files for Bankruptcy

From VOALearning English, this is the Economics Report.
Detroit Mayor Dave Bing had to report some bad news recently. He said Detroit was seeking bankruptcy protection. The move would give the city court protection from creditors. The decision to declare bankruptcy is an effort to restructure and reduce debt. It comes at a difficult time for Detroit. In March, Michigan GovernorRick Snyder named Kevyn Orr, a bankruptcy expert, to oversee the city's financial problems. Detroit has been struggling to reduce a budget deficit of more than $300 million. In addition, the city's long-term debt has increased to at least $18 billion.
Detroit's problems have grown over many years. Michigan State University professor Eric Scorsone says the city depended too much on one industry: automobile manufac...

published: 21 Aug 2013

Detroit Revival: Investment turning around formerly bankrupt city

The American city of Detroit, which just three years ago filed for bankruptcy, is now finally on the mend.
CCTV reports from the Motor City.
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published: 21 Jan 2016

Can Detroit Realistically Get Itself Out of Debt? | Detroit Bankruptcy

Detroit officially exits bankruptcy

Detroit officially exits bankruptcy
Detroit has now emerged from bankruptcy. Governor Rick Snyder was joined by Mayor MikeDuggan and Emergency ManagerKevyn Orr to address Detroit's exit from the financial emergency.
Kevyn Orr has resigned and he will soon be leaving town.
"It's time for me to step back and return the city to the regular order," said Orr.
GovernorSnyder thanked Orr for his help in getting the city back on financial track, calling it a "historic day" for the city.
"You'll always be considered an honorary Michigander," Governor Snyder told Orr.
“Detroit stands taller today,” Snyder said. “Our state’s largest city has moved through this historic bankruptcy to move toward a brighter future. This was difficult work that required bold leadership and sacrifices from many...

www.detroitbankruptmovie.com
Detroit U.S.A.: Once the most prosperous city in America. With a booming manufacturing sector and cultural magnetism, the city had bright horizons after World War II. But as the 1960′s rolled in, the marriage of Big Business and Big Government overtook Detroit. The central planners in government needed the powerful corporations, and the powerful corporations came to depend on the bureaucracy, too. The marriage worked well for the politicians and for their corporate cronies, but Detroit itself entered a decades-long decline. America watched as Detroit slowly bled people, jobs and revenue. Politicians tried spending money. They tried raising taxes. The more they taxed and spent, the faster the city declined.
Detroit still had its "Big Three" auto manufacturers, until two of its crown jewels, General Motors and Chrysler, imploded in 2008 under the weight of reckless and subsidized mismanagement.
Instead of allowing market forces to rebuild Detroit and the auto industry, the United States handed billions of dollars to General Motors and Chrysler.
Five years later, the city of Detroit is bankrupt and almost $20 billion dollars in debt. Meanwhile, General Motors has a cash balance of over $20 billion, still owes the taxpayers over $10 billion dollars that outgoing CEO Dan Akerson said will not be paid, and the company continues to benefit from an unprecedented $18 billion tax gift from the bankruptcy.
Why is General Motors walking away with billions while Detroit dies?
How did so much money change hands between the world's most powerful corporate leaders and government officials while delivering on so little of the promise sold to America by central planners? Bankrupt: How Cronyism & Corruption Took Down Detroit answers this question, and many others. Complete with the candid analysis of pundits, journalists, analysts and government officials, sourcing of historical news and government archives, and on-scene interviews with everyday Detroiters, Bankrupt sheds light on what happened to Detroit, and who is to blame.
And most importantly, it asks "What is next for the Motor City?"

www.detroitbankruptmovie.com
Detroit U.S.A.: Once the most prosperous city in America. With a booming manufacturing sector and cultural magnetism, the city had bright horizons after World War II. But as the 1960′s rolled in, the marriage of Big Business and Big Government overtook Detroit. The central planners in government needed the powerful corporations, and the powerful corporations came to depend on the bureaucracy, too. The marriage worked well for the politicians and for their corporate cronies, but Detroit itself entered a decades-long decline. America watched as Detroit slowly bled people, jobs and revenue. Politicians tried spending money. They tried raising taxes. The more they taxed and spent, the faster the city declined.
Detroit still had its "Big Three" auto manufacturers, until two of its crown jewels, General Motors and Chrysler, imploded in 2008 under the weight of reckless and subsidized mismanagement.
Instead of allowing market forces to rebuild Detroit and the auto industry, the United States handed billions of dollars to General Motors and Chrysler.
Five years later, the city of Detroit is bankrupt and almost $20 billion dollars in debt. Meanwhile, General Motors has a cash balance of over $20 billion, still owes the taxpayers over $10 billion dollars that outgoing CEO Dan Akerson said will not be paid, and the company continues to benefit from an unprecedented $18 billion tax gift from the bankruptcy.
Why is General Motors walking away with billions while Detroit dies?
How did so much money change hands between the world's most powerful corporate leaders and government officials while delivering on so little of the promise sold to America by central planners? Bankrupt: How Cronyism & Corruption Took Down Detroit answers this question, and many others. Complete with the candid analysis of pundits, journalists, analysts and government officials, sourcing of historical news and government archives, and on-scene interviews with everyday Detroiters, Bankrupt sheds light on what happened to Detroit, and who is to blame.
And most importantly, it asks "What is next for the Motor City?"

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Detroit is in bankruptcy, but once upon a time, Detroit was the heart of the A...

SUBSCRIBE for MORE: http://www.youtube.com/subscription_center?add_user=ALPROFIT
Detroit is in bankruptcy, but once upon a time, Detroit was the heart of the American Dream. Good jobs, big cars, and the world's most profitable companies placed the city at the heart of the global economy.
But as this empire of cars began to crumble and the jobs evaporated, Detroit became the crime capital of America, and a new business, illegal drugs, took over the economy.
Now the city lies in shambles: Detroit is the poorest and most violent major city in America. The heart of the American Dream has been shattered.
From corrupt narcotics cop Henry Marzett to the infamous Young Boys Inc, White BoyRick, and the Best FriendsMurder for Hire gang: see the Kingpins and Killers that called Detroit home and became the Henry Fords and Lee Iacoccas of a new generation.
What happens when the Ceo's and Politicians fail in their plans? It's called DETROIT.
http://www.alprofit.com

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Detroit is in bankruptcy, but once upon a time, Detroit was the heart of the American Dream. Good jobs, big cars, and the world's most profitable companies placed the city at the heart of the global economy.
But as this empire of cars began to crumble and the jobs evaporated, Detroit became the crime capital of America, and a new business, illegal drugs, took over the economy.
Now the city lies in shambles: Detroit is the poorest and most violent major city in America. The heart of the American Dream has been shattered.
From corrupt narcotics cop Henry Marzett to the infamous Young Boys Inc, White BoyRick, and the Best FriendsMurder for Hire gang: see the Kingpins and Killers that called Detroit home and became the Henry Fords and Lee Iacoccas of a new generation.
What happens when the Ceo's and Politicians fail in their plans? It's called DETROIT.
http://www.alprofit.com

RecentlyDetroit filed for a Chapter 9 bankruptcy due to its colossal $18 billion dollars in debt. It's the largest American city thus far to go belly up. Detroit was once the most prosperous city in America by a wide margin. Decades ago it was even referred to as "the Paris of the West" due to its tremendous architectural beauty. Unfortunately since the 1950's the city has steadily declined in population and per capita income and increased in unemployment and crime rate. Detroit is now not only one of the most dangerous cities in America, but the entire world for a number of factors including murder rate and police response times averaging over an hour. Seven out of eight murders in Detroit go unsolved, allegedly due to exceptionally low police resources. The city is also plagued with an average of over 30 arson fires per day with many that don't get put out for hours due to severely inadequate fire department resources. It's sad to see a once magnificent city brought to its knees through government corruption and failed philosophies, fading local industries, moral decay and so on. Hopefully Detroit will find a path to real change and climb its way back to becoming the world class city it once was. If you find this Super Ghettos of Detroit video interesting then make sure to give it a thumbs up and post a comment below and say what you think.

RecentlyDetroit filed for a Chapter 9 bankruptcy due to its colossal $18 billion dollars in debt. It's the largest American city thus far to go belly up. Detroit was once the most prosperous city in America by a wide margin. Decades ago it was even referred to as "the Paris of the West" due to its tremendous architectural beauty. Unfortunately since the 1950's the city has steadily declined in population and per capita income and increased in unemployment and crime rate. Detroit is now not only one of the most dangerous cities in America, but the entire world for a number of factors including murder rate and police response times averaging over an hour. Seven out of eight murders in Detroit go unsolved, allegedly due to exceptionally low police resources. The city is also plagued with an average of over 30 arson fires per day with many that don't get put out for hours due to severely inadequate fire department resources. It's sad to see a once magnificent city brought to its knees through government corruption and failed philosophies, fading local industries, moral decay and so on. Hopefully Detroit will find a path to real change and climb its way back to becoming the world class city it once was. If you find this Super Ghettos of Detroit video interesting then make sure to give it a thumbs up and post a comment below and say what you think.

"The city of Detroit filed for Chapter 9 bankruptcy protection in federal court Thursday, laying the groundwork for a historic effort to bail out a city that is sinking under billions of dollars in debt and decades of mismanagement, population flight and loss of tax revenue. The bankruptcy filing makes Detroit the largest city in U.S. history to do so." Cenk Uygur, John Iadarola, Jimmy Dore and Ben Mankiewicz of The Young Turks discuss.
Read more: http://www.usatoday.com/story/news/nation/2013/07/18/detroit-prepares-bankruptcy-filing-friday/2552819/
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"The city of Detroit filed for Chapter 9 bankruptcy protection in federal court Thursday, laying the groundwork for a historic effort to bail out a city that is sinking under billions of dollars in debt and decades of mismanagement, population flight and loss of tax revenue. The bankruptcy filing makes Detroit the largest city in U.S. history to do so." Cenk Uygur, John Iadarola, Jimmy Dore and Ben Mankiewicz of The Young Turks discuss.
Read more: http://www.usatoday.com/story/news/nation/2013/07/18/detroit-prepares-bankruptcy-filing-friday/2552819/
Support The Young Turks by Subscribing http://www.youtube.com/user/theyoungturks
Like Us on Facebook:
Follow Us on Twitter: http://www.twitter.com/theyoungturks
Support TYT for FREE by doing your Amazon shopping through this link (bookmark it!) http://www.amazon.com/?tag=theyoungturks-20
Buy TYT Merch: http://theyoungturks.spreadshirt.com/
Support The Young Turks by becoming a member of TYT Nation at http://www.tytnetwork.com/member-options/. Your membership supports the day to day operations and is vital for our continued success and growth. In exchange, we provided members only bonuses! We tape a special PostGame show Mon-Thurs and you get access to the entire live show at your convenience in video, audio and podcast formats.

In the 2008 economic crisis that spread across the United States, the city of Detroit was among the places where the burn was most felt. Detroit residents, who were mostly employed by the automotive industry before the crisis, felt their way forward. Many have turned to family business. With the exposure to Chinese market, they are offered with new opportunities.

In the 2008 economic crisis that spread across the United States, the city of Detroit was among the places where the burn was most felt. Detroit residents, who were mostly employed by the automotive industry before the crisis, felt their way forward. Many have turned to family business. With the exposure to Chinese market, they are offered with new opportunities.

Detroit in RUINS! (Crowder goes Ghetto)

More at http://www.LouderWithCrowder.com
Detroit, having had far-left Democratic mayors and never-ending public funding since 1961, is emblematic of modern li...

More at http://www.LouderWithCrowder.com
Detroit, having had far-left Democratic mayors and never-ending public funding since 1961, is emblematic of modern liberalism. Just how has it worked for Detroit? Watch...Follow me on Twitter: https://twitter.com/scrowder
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Check out more of my videos!
HIDDEN CAM: #GayWeddingCakes at Muslim Bakeries?
https://www.youtube.com/watch?v=RgWIhYAtan4
#SJW Feminist FestivalCrashed By Crowder...In Underwear
https://www.youtube.com/watch?v=aWJT0egzAy0
Students Condemn Free Speech/1st Amendment On Video!:
https://www.youtube.com/watch?v=HwF9SFaKy6U&list=PL85933DBA7E52B5B6&index=14
The 2nd Amendment : For Muskets Only?!:
https://www.youtube.com/watch?v=CquUBWHU2_s
Crowder Argues Gun Rights with Leftist: https://www.youtube.com/watch?v=o5cm91dFXJo
Pop culture and politics from the most politically incorrect comedy channel on the web. Hippies and Muslims hate me!

More at http://www.LouderWithCrowder.com
Detroit, having had far-left Democratic mayors and never-ending public funding since 1961, is emblematic of modern liberalism. Just how has it worked for Detroit? Watch...Follow me on Twitter: https://twitter.com/scrowder
Like me on Facebook: https://www.facebook.com/stevencrowde...
Follow me on Vine: https://vine.co/u/1136892885917368320
Check out more of my videos!
HIDDEN CAM: #GayWeddingCakes at Muslim Bakeries?
https://www.youtube.com/watch?v=RgWIhYAtan4
#SJW Feminist FestivalCrashed By Crowder...In Underwear
https://www.youtube.com/watch?v=aWJT0egzAy0
Students Condemn Free Speech/1st Amendment On Video!:
https://www.youtube.com/watch?v=HwF9SFaKy6U&list=PL85933DBA7E52B5B6&index=14
The 2nd Amendment : For Muskets Only?!:
https://www.youtube.com/watch?v=CquUBWHU2_s
Crowder Argues Gun Rights with Leftist: https://www.youtube.com/watch?v=o5cm91dFXJo
Pop culture and politics from the most politically incorrect comedy channel on the web. Hippies and Muslims hate me!

Detroit has declared bankruptcy, but that is not stopping this Democratic city of insolvency from building a new stadium. What is it about being bankrupt that t...

Detroit has declared bankruptcy, but that is not stopping this Democratic city of insolvency from building a new stadium. What is it about being bankrupt that the Motor City does not understand? Find out as Trifecta examines the polices of that led Detroit into bankruptcy court, and could very well take our country down the same path.

Detroit has declared bankruptcy, but that is not stopping this Democratic city of insolvency from building a new stadium. What is it about being bankrupt that the Motor City does not understand? Find out as Trifecta examines the polices of that led Detroit into bankruptcy court, and could very well take our country down the same path.

Taxes Fund $444 Million NHL Arena In Bankrupt Detroit

Detroit's financial crisis hasn't derailed the city's plans to spend more than $400 million in Michigan taxpayer funds on a new hockey arena for the Red Wings.
...

Detroit's financial crisis hasn't derailed the city's plans to spend more than $400 million in Michigan taxpayer funds on a new hockey arena for the Red Wings.
Advocates of the arena say it's the kind of economic development needed to attract both people and private investment dollars into downtown Detroit. It's an argument that has convinced Michigan Gov. Rick Snyder and Kevyn Orr, the emergency manager he appointed to oversee the city's finances, to stick with the plan. Orr said Detroit's bankruptcy filing won't halt the arena plans...Read More At:
http://money.cnn.com/2013/07/26/news/economy/detroit-bankruptcy-arena/
Clip from the Tuesday, July 30th 2013 edition of TheKyleKulinskiShow, which airs live on Blog Talk Radio and Secular TalkRadio monday - friday 5-7pm Eastern.
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Detroit's financial crisis hasn't derailed the city's plans to spend more than $400 million in Michigan taxpayer funds on a new hockey arena for the Red Wings.
Advocates of the arena say it's the kind of economic development needed to attract both people and private investment dollars into downtown Detroit. It's an argument that has convinced Michigan Gov. Rick Snyder and Kevyn Orr, the emergency manager he appointed to oversee the city's finances, to stick with the plan. Orr said Detroit's bankruptcy filing won't halt the arena plans...Read More At:
http://money.cnn.com/2013/07/26/news/economy/detroit-bankruptcy-arena/
Clip from the Tuesday, July 30th 2013 edition of TheKyleKulinskiShow, which airs live on Blog Talk Radio and Secular TalkRadio monday - friday 5-7pm Eastern.
Check out our website - and become a member - at:
http://www.SecularTalkRadio.com
Listen to the Live Show or On Demand archive at:
http://www.blogtalkradio.com/kylekulinski
Follow on Twitter:
http://www.twitter.com/kylekulinski
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Bankrupt: Today Detroit, Tomorrow the world?

Detroit is bankrupt! Surprised? You shouldn't be. This has been a long time coming, and given the state of the city it should be a surprise to no one. Insan...

Detroit is bankrupt! Surprised? You shouldn't be. This has been a long time coming, and given the state of the city it should be a surprise to no one. Insane crime stats, nearly 80,000 abandoned buildings, and 40% of the city has no public illumination after darkness falls.
I visited the city 15 years ago as a teenager and was dumbfounded by the empty streets and abandoned, rickety buildings everywhere. I can only imagine what it's like now.
Is this part of a larger overall trend? I think given the debt situation in most western countries, including the USA and Canada, we will see more of this in the near future. Once the public wakes up to the true debt floating around, and that the dollars the banks and the government are throwing around are fabrications, there may be a major correction about to occur. I hope I'm wrong, but all the signs are pointing that way.

Detroit is bankrupt! Surprised? You shouldn't be. This has been a long time coming, and given the state of the city it should be a surprise to no one. Insane crime stats, nearly 80,000 abandoned buildings, and 40% of the city has no public illumination after darkness falls.
I visited the city 15 years ago as a teenager and was dumbfounded by the empty streets and abandoned, rickety buildings everywhere. I can only imagine what it's like now.
Is this part of a larger overall trend? I think given the debt situation in most western countries, including the USA and Canada, we will see more of this in the near future. Once the public wakes up to the true debt floating around, and that the dollars the banks and the government are throwing around are fabrications, there may be a major correction about to occur. I hope I'm wrong, but all the signs are pointing that way.

From VOALearning English, this is the Economics Report.
Detroit Mayor Dave Bing had to report some bad news recently. He said Detroit was seeking bankruptcy protection. The move would give the city court protection from creditors. The decision to declare bankruptcy is an effort to restructure and reduce debt. It comes at a difficult time for Detroit. In March, Michigan GovernorRick Snyder named Kevyn Orr, a bankruptcy expert, to oversee the city's financial problems. Detroit has been struggling to reduce a budget deficit of more than $300 million. In addition, the city's long-term debt has increased to at least $18 billion.
Detroit's problems have grown over many years. Michigan State University professor Eric Scorsone says the city depended too much on one industry: automobile manufacturing. Jobs with car makers were a big reason why Detroit was one of the country's largest cities half a century ago. In the1950s, it had a population of about 1.8 million people. Today the number is down to less than 800,000. RobinBoyle is a professor of urban planning at Wayne State University. He says, over the years, many Detroit residents moved to areas outside the city or even left the state. That hurt Detroit's ability to invest in itself. It is rare for a large American city of seek bankruptcy protection. In 1975, New York City came close before the federal government agreed to provide money. Detroit, however, is the largest city to seek bankruptcy.
Now, a federal judge is to consider Detroit's request. One of the main issues is what to do about the retirement pay of city workers. Currently, there are many more retired workers than those paying into the pension system. For VOA Learning English, I'm AlexVillarreal.

From VOALearning English, this is the Economics Report.
Detroit Mayor Dave Bing had to report some bad news recently. He said Detroit was seeking bankruptcy protection. The move would give the city court protection from creditors. The decision to declare bankruptcy is an effort to restructure and reduce debt. It comes at a difficult time for Detroit. In March, Michigan GovernorRick Snyder named Kevyn Orr, a bankruptcy expert, to oversee the city's financial problems. Detroit has been struggling to reduce a budget deficit of more than $300 million. In addition, the city's long-term debt has increased to at least $18 billion.
Detroit's problems have grown over many years. Michigan State University professor Eric Scorsone says the city depended too much on one industry: automobile manufacturing. Jobs with car makers were a big reason why Detroit was one of the country's largest cities half a century ago. In the1950s, it had a population of about 1.8 million people. Today the number is down to less than 800,000. RobinBoyle is a professor of urban planning at Wayne State University. He says, over the years, many Detroit residents moved to areas outside the city or even left the state. That hurt Detroit's ability to invest in itself. It is rare for a large American city of seek bankruptcy protection. In 1975, New York City came close before the federal government agreed to provide money. Detroit, however, is the largest city to seek bankruptcy.
Now, a federal judge is to consider Detroit's request. One of the main issues is what to do about the retirement pay of city workers. Currently, there are many more retired workers than those paying into the pension system. For VOA Learning English, I'm AlexVillarreal.

The American city of Detroit, which just three years ago filed for bankruptcy, is now finally on the mend.
CCTV reports from the Motor City.
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The American city of Detroit, which just three years ago filed for bankruptcy, is now finally on the mend.
CCTV reports from the Motor City.
Subscribe to us on Youtube:
https://www.youtube.com/user/CCTVcomInternational
Follow us on:
Facebook: https://www.facebook.com/cctvcom
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published:21 Jan 2016

views:1131

back

Can Detroit Realistically Get Itself Out of Debt? | Detroit Bankruptcy

Detroit officially exits bankruptcy
Detroit has now emerged from bankruptcy. Governor Rick Snyder was joined by Mayor MikeDuggan and Emergency ManagerKevyn Orr to address Detroit's exit from the financial emergency.
Kevyn Orr has resigned and he will soon be leaving town.
"It's time for me to step back and return the city to the regular order," said Orr.
GovernorSnyder thanked Orr for his help in getting the city back on financial track, calling it a "historic day" for the city.
"You'll always be considered an honorary Michigander," Governor Snyder told Orr.
“Detroit stands taller today,” Snyder said. “Our state’s largest city has moved through this historic bankruptcy to move toward a brighter future. This was difficult work that required bold leadership and sacrifices from many people, and there is more to do. But we also have watched through this process the people of our state draw closer and stand together in support of Detroit, recognizing that all of Michigan is better when the city thrives.”
Detroit Mayor Mike Duggan also spoke during the news conference. "It's a good day for the city... a necessary day," Duggan said.
He says now is the time to put talk of bankruptcy and financial emergency behind us.
Kevyn Orr's term as EM will officially end on Thursday, December 11 at 12:01 a.m.
Full story at WXYZ.com:
http://www.wxyz.com/news/region/detroit/detroit-bankruptcy-officially-over-finances-handed-back-to-the-city

Detroit officially exits bankruptcy
Detroit has now emerged from bankruptcy. Governor Rick Snyder was joined by Mayor MikeDuggan and Emergency ManagerKevyn Orr to address Detroit's exit from the financial emergency.
Kevyn Orr has resigned and he will soon be leaving town.
"It's time for me to step back and return the city to the regular order," said Orr.
GovernorSnyder thanked Orr for his help in getting the city back on financial track, calling it a "historic day" for the city.
"You'll always be considered an honorary Michigander," Governor Snyder told Orr.
“Detroit stands taller today,” Snyder said. “Our state’s largest city has moved through this historic bankruptcy to move toward a brighter future. This was difficult work that required bold leadership and sacrifices from many people, and there is more to do. But we also have watched through this process the people of our state draw closer and stand together in support of Detroit, recognizing that all of Michigan is better when the city thrives.”
Detroit Mayor Mike Duggan also spoke during the news conference. "It's a good day for the city... a necessary day," Duggan said.
He says now is the time to put talk of bankruptcy and financial emergency behind us.
Kevyn Orr's term as EM will officially end on Thursday, December 11 at 12:01 a.m.
Full story at WXYZ.com:
http://www.wxyz.com/news/region/detroit/detroit-bankruptcy-officially-over-finances-handed-back-to-the-city

Detroit - A Discovery Tour Through a Fascinating City

Whether your talking about cars, culture, games, sports or music, Detroit has been known for a variety of things over the course of its history. And it's that air of constant reimagining and the many attractions throughout the city that make this millions-strong metropolis a unique travel destination that eagerly invites visitors.

10 Top Rated Tourist Attractions & Things to Do in Detroit, Michigan

USA TRAVEL DETROIT GHOST CITY

G&F Travel: Detroit

READ MORE: http://glossedandfound.com/2016/10/detroit/
Outsiders often come to DETROIT in awe of the ruin and decay. Visitors and urban explorers can’t help but photograph what’s left of a once booming industrial and cultural epicenter. It’s a city that’s so beautiful and vulnerable at the same time. But what we uncovered in Detroit was a thriving community. A community that upholds a value system synonymous with the true American Dream—Support Your Neighbors! Live Creatively! Uphold Kindness!
The hotbed of history that is Detroit, anything seems possible now. With 40 vacant square miles, there’s room to experiment and explore. A place where the optimists shine and wear their resilience with pride. With resemblance to Brooklyn and Berlin, you see a rebounding city entering a modern renai...

Should I be Scared to Visit Detroit?

We were told not to believe Detroit's bad reputation so we tried to stay open minded.
Matt's channel: https://www.youtube.com/channel/UCQjehuzkGCDsreaCP58uVlw
My name isTaylor Johnson. I’m a stand-up comedian. I’m living in my van as I travel the country performing for audiences and telling embarrassing stories from my awkward life.
Find me on social media!
Twitter: http://twitter.com/taylordson
Instagram: http://instagram.com/taylordson
Website: http://www.taylorjohnsononline.com
Music by EpidemicSound (http://www.epidemicsound.com)

Reasons to Visit Detroit | Pure Michigan

It's a great time to visit Detroit. If you're looking for some adventure, discovery and fun, come check out all the new stuff happening in the Motor City. Once you're here, you'll want to come back again, again, and again, and probably again.
Visithttp://www.michigan.org/detroitcomeback for more on Detroit's Comeback Story.

10 Minute Tourist: Detroit

Windsor & Detroit

It's2012 and GCAT is at it again! Travelling through the wonderland of Canada's breadbasket -- southern and south western Ontario.
Starting in Windsor, just across the river from Detroit Michigan.
Windsor is quite a picturesque city. But it's also a big bustling city with terrific places to go and great things to do. We landed there just in time to join more than two million people who gathered to watch one of the most impressive fireworks we've ever seen. Not to mention a terrific carnival with Windsor Summerfest in full bloom!
Windsor is really a two nation destination -- just slip across the Detroit River and visit one of America's busiest and boldest cities.
Or drop in to the Windsor CaesarCasino to see if its really your lucky day.
Whatever you do, don't miss out on t...

Detroit - A Discovery Tour Through a Fascinating City

Whether your talking about cars, culture, games, sports or music, Detroit has been known for a variety of things over the course of its history. And it's that a...

Whether your talking about cars, culture, games, sports or music, Detroit has been known for a variety of things over the course of its history. And it's that air of constant reimagining and the many attractions throughout the city that make this millions-strong metropolis a unique travel destination that eagerly invites visitors.

Whether your talking about cars, culture, games, sports or music, Detroit has been known for a variety of things over the course of its history. And it's that air of constant reimagining and the many attractions throughout the city that make this millions-strong metropolis a unique travel destination that eagerly invites visitors.

G&F Travel: Detroit

READ MORE: http://glossedandfound.com/2016/10/detroit/
Outsiders often come to DETROIT in awe of the ruin and decay. Visitors and urban explorers can’t help bu...

READ MORE: http://glossedandfound.com/2016/10/detroit/
Outsiders often come to DETROIT in awe of the ruin and decay. Visitors and urban explorers can’t help but photograph what’s left of a once booming industrial and cultural epicenter. It’s a city that’s so beautiful and vulnerable at the same time. But what we uncovered in Detroit was a thriving community. A community that upholds a value system synonymous with the true American Dream—Support Your Neighbors! Live Creatively! Uphold Kindness!
The hotbed of history that is Detroit, anything seems possible now. With 40 vacant square miles, there’s room to experiment and explore. A place where the optimists shine and wear their resilience with pride. With resemblance to Brooklyn and Berlin, you see a rebounding city entering a modern renaissance fostering creativity, perseverance and kindness above all else. Where the line between industries are blurred, and proud residents are the ones who not only find beauty in the ruin, but challenge those around them to build the future out of it.
We interviewed a handful of creators and makers who are hustling to put their ideas out into the city and the world. They’re all finding an identity in a place where people have so many misconceptions, labels and connotations. Buckle up and follow us on a mini tour across the Motor City as we delve into a community building a Detroit for the people and by the people.
Plus, a special AmericanFallFashion editorial here: http://glossedandfound.com/2016/10/vote-happy/

READ MORE: http://glossedandfound.com/2016/10/detroit/
Outsiders often come to DETROIT in awe of the ruin and decay. Visitors and urban explorers can’t help but photograph what’s left of a once booming industrial and cultural epicenter. It’s a city that’s so beautiful and vulnerable at the same time. But what we uncovered in Detroit was a thriving community. A community that upholds a value system synonymous with the true American Dream—Support Your Neighbors! Live Creatively! Uphold Kindness!
The hotbed of history that is Detroit, anything seems possible now. With 40 vacant square miles, there’s room to experiment and explore. A place where the optimists shine and wear their resilience with pride. With resemblance to Brooklyn and Berlin, you see a rebounding city entering a modern renaissance fostering creativity, perseverance and kindness above all else. Where the line between industries are blurred, and proud residents are the ones who not only find beauty in the ruin, but challenge those around them to build the future out of it.
We interviewed a handful of creators and makers who are hustling to put their ideas out into the city and the world. They’re all finding an identity in a place where people have so many misconceptions, labels and connotations. Buckle up and follow us on a mini tour across the Motor City as we delve into a community building a Detroit for the people and by the people.
Plus, a special AmericanFallFashion editorial here: http://glossedandfound.com/2016/10/vote-happy/

Should I be Scared to Visit Detroit?

We were told not to believe Detroit's bad reputation so we tried to stay open minded.
Matt's channel: https://www.youtube.com/channel/UCQjehuzkGCDsreaCP58uVlw
...

We were told not to believe Detroit's bad reputation so we tried to stay open minded.
Matt's channel: https://www.youtube.com/channel/UCQjehuzkGCDsreaCP58uVlw
My name isTaylor Johnson. I’m a stand-up comedian. I’m living in my van as I travel the country performing for audiences and telling embarrassing stories from my awkward life.
Find me on social media!
Twitter: http://twitter.com/taylordson
Instagram: http://instagram.com/taylordson
Website: http://www.taylorjohnsononline.com
Music by EpidemicSound (http://www.epidemicsound.com)

We were told not to believe Detroit's bad reputation so we tried to stay open minded.
Matt's channel: https://www.youtube.com/channel/UCQjehuzkGCDsreaCP58uVlw
My name isTaylor Johnson. I’m a stand-up comedian. I’m living in my van as I travel the country performing for audiences and telling embarrassing stories from my awkward life.
Find me on social media!
Twitter: http://twitter.com/taylordson
Instagram: http://instagram.com/taylordson
Website: http://www.taylorjohnsononline.com
Music by EpidemicSound (http://www.epidemicsound.com)

Know these travel tips? - https://goo.gl/eT72FS
DrivingDowntown - Detroit Michigan USA - Episode 27.
Starting Point: Fort St https://goo.gl/maps/8ySiSisrEYC2 .
Detroit is the most populous city in the U.S. state of Michigan, the fourth-largest city in the Midwest and the largest city on the United States–Canada border. It is the seat of Wayne County, the most populous county in the state. Detroit's metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the fourteenth-most populous metropolitan area in the United States and the second-largest in the Midwestern United States (behind Chicago).
The Detroit–Windsor area, a commercial link straddling the Canada–U.S. border, has a total population of about 5.7 million.[7] The Detroit metropolitan region holds roughly one-half of Michigan's population.[4][8] Detroit is a major port on the Detroit River, a strait that connects the Great Lakes system to the Saint Lawrence Seaway. The Detroit Metropolitan Airport is among the most important hubs in the United States. The City of Detroit anchors the second-largest economic region in the Midwest, behind Chicago, and the thirteenth-largest in the United States.[9][10]
Detroit was founded on July 24, 1701 by the French explorer and adventurer Antoine de la Mothe Cadillac and a party of settlers. With expansion of the automobile industry, the Detroit area emerged as a significant metropolitan region within the United States in the early 20th century, when the city became the fourth-largest in the country for a period. In the1950s and 1960s, expansion continued with construction of a regional freeway system.
Due to industrial restructuring and loss of jobs in the auto industry, Detroit lost considerable population from the late 20th century to present. Between 2000 and 2010 the city's population fell by 25 percent, changing its ranking from the nation's 10th-largest city to 18th.[11] In 2010, the city had a population of 713,777, more than a 60 percent drop from a peak population of over 1.8 million at the 1950 census. This resulted from suburbanization, industrial restructuring, and the decline of Detroit's auto industry.[4] Following the shift of population and jobs to its suburbs or other states or nations, the city has focused on becoming the metropolitan region's employment and economic center.
The erstwhile rapid growth of the city left a globally unique stock of architectural monuments and historic places of the first half of the 20th century, with many of them falling into disrepair or torn down since the 1960s. Conservation efforts managed to save many architectural pieces since the 2000s and allowed several large-scale revitalisations. Downtown Detroit has held an increased role as a cultural destination in the 21st century, with the restoration of several historic theatres and entertainment venues, new sports stadiums, and a riverfront revitalization project. More recently, the population of Downtown Detroit, Midtown Detroit, and a handful of other neighborhoods has increased. Some other neighborhoods remain distressed, with extensive abandonment of properties.
The Governor of Michigan, Rick Snyder, declared a financial emergency for the city in March 2013, appointing an emergency manager. On July 18, 2013, Detroit filed the largest municipal bankruptcy case in U.S. history.[12] It was declared bankrupt by Judge Steven W. Rhodes of the Bankruptcy Court for the Eastern District of Michigan on December 3, 2013; he cited its $18.5 billion debt and declared that negotiations with its thousands of creditors were unfeasible.[13] On November 7, 2014, Judge Rhodes approved the city's bankruptcy plan, allowing the city to begin the process of exiting bankruptcy.[14] The City of Detroit successfully exited Chapter 9 municipal bankruptcy with all finances handed back to the city at midnight on December 11, 2014.
Economy
Several major corporations are based in the city, including three Fortune 500 companies. The most heavily represented sectors are manufacturing (particularly automotive), finance, technology, and health care. The most significant companies based in Detroit include: General Motors, Quicken Loans, Ally Financial, Compuware, Shinola, American Axle, Little Caesars, DTE Energy, Lowe Campbell Ewald, Blue Cross Blue Shield of Michigan, and Rossetti Architects.
About 80,500 people work in downtown Detroit, comprising one-fifth of the city's employment base.[149][150] Aside from the numerous Detroit-based companies listed above, downtown contains large offices for Comerica, Chrysler, HP Enterprise, Deloitte, PricewaterhouseCoopers, KPMG, and Ernst & Young. Ford Motor Company is located in the adjacent city of Dearborn.
https://en.wikipedia.org/wiki/Detroit
https://www.tripadvisor.com/Tourism-g42139-Detroit_Michigan-Vacations.htmlhttp://visitdetroit.com/
https://www.facebook.com/places/Things-to-do-in-Detroit-Michigan/114586701886732/

Know these travel tips? - https://goo.gl/eT72FS
DrivingDowntown - Detroit Michigan USA - Episode 27.
Starting Point: Fort St https://goo.gl/maps/8ySiSisrEYC2 .
Detroit is the most populous city in the U.S. state of Michigan, the fourth-largest city in the Midwest and the largest city on the United States–Canada border. It is the seat of Wayne County, the most populous county in the state. Detroit's metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the fourteenth-most populous metropolitan area in the United States and the second-largest in the Midwestern United States (behind Chicago).
The Detroit–Windsor area, a commercial link straddling the Canada–U.S. border, has a total population of about 5.7 million.[7] The Detroit metropolitan region holds roughly one-half of Michigan's population.[4][8] Detroit is a major port on the Detroit River, a strait that connects the Great Lakes system to the Saint Lawrence Seaway. The Detroit Metropolitan Airport is among the most important hubs in the United States. The City of Detroit anchors the second-largest economic region in the Midwest, behind Chicago, and the thirteenth-largest in the United States.[9][10]
Detroit was founded on July 24, 1701 by the French explorer and adventurer Antoine de la Mothe Cadillac and a party of settlers. With expansion of the automobile industry, the Detroit area emerged as a significant metropolitan region within the United States in the early 20th century, when the city became the fourth-largest in the country for a period. In the1950s and 1960s, expansion continued with construction of a regional freeway system.
Due to industrial restructuring and loss of jobs in the auto industry, Detroit lost considerable population from the late 20th century to present. Between 2000 and 2010 the city's population fell by 25 percent, changing its ranking from the nation's 10th-largest city to 18th.[11] In 2010, the city had a population of 713,777, more than a 60 percent drop from a peak population of over 1.8 million at the 1950 census. This resulted from suburbanization, industrial restructuring, and the decline of Detroit's auto industry.[4] Following the shift of population and jobs to its suburbs or other states or nations, the city has focused on becoming the metropolitan region's employment and economic center.
The erstwhile rapid growth of the city left a globally unique stock of architectural monuments and historic places of the first half of the 20th century, with many of them falling into disrepair or torn down since the 1960s. Conservation efforts managed to save many architectural pieces since the 2000s and allowed several large-scale revitalisations. Downtown Detroit has held an increased role as a cultural destination in the 21st century, with the restoration of several historic theatres and entertainment venues, new sports stadiums, and a riverfront revitalization project. More recently, the population of Downtown Detroit, Midtown Detroit, and a handful of other neighborhoods has increased. Some other neighborhoods remain distressed, with extensive abandonment of properties.
The Governor of Michigan, Rick Snyder, declared a financial emergency for the city in March 2013, appointing an emergency manager. On July 18, 2013, Detroit filed the largest municipal bankruptcy case in U.S. history.[12] It was declared bankrupt by Judge Steven W. Rhodes of the Bankruptcy Court for the Eastern District of Michigan on December 3, 2013; he cited its $18.5 billion debt and declared that negotiations with its thousands of creditors were unfeasible.[13] On November 7, 2014, Judge Rhodes approved the city's bankruptcy plan, allowing the city to begin the process of exiting bankruptcy.[14] The City of Detroit successfully exited Chapter 9 municipal bankruptcy with all finances handed back to the city at midnight on December 11, 2014.
Economy
Several major corporations are based in the city, including three Fortune 500 companies. The most heavily represented sectors are manufacturing (particularly automotive), finance, technology, and health care. The most significant companies based in Detroit include: General Motors, Quicken Loans, Ally Financial, Compuware, Shinola, American Axle, Little Caesars, DTE Energy, Lowe Campbell Ewald, Blue Cross Blue Shield of Michigan, and Rossetti Architects.
About 80,500 people work in downtown Detroit, comprising one-fifth of the city's employment base.[149][150] Aside from the numerous Detroit-based companies listed above, downtown contains large offices for Comerica, Chrysler, HP Enterprise, Deloitte, PricewaterhouseCoopers, KPMG, and Ernst & Young. Ford Motor Company is located in the adjacent city of Dearborn.
https://en.wikipedia.org/wiki/Detroit
https://www.tripadvisor.com/Tourism-g42139-Detroit_Michigan-Vacations.htmlhttp://visitdetroit.com/
https://www.facebook.com/places/Things-to-do-in-Detroit-Michigan/114586701886732/

Reasons to Visit Detroit | Pure Michigan

It's a great time to visit Detroit. If you're looking for some adventure, discovery and fun, come check out all the new stuff happening in the Motor City. Once...

It's a great time to visit Detroit. If you're looking for some adventure, discovery and fun, come check out all the new stuff happening in the Motor City. Once you're here, you'll want to come back again, again, and again, and probably again.
Visithttp://www.michigan.org/detroitcomeback for more on Detroit's Comeback Story.

It's a great time to visit Detroit. If you're looking for some adventure, discovery and fun, come check out all the new stuff happening in the Motor City. Once you're here, you'll want to come back again, again, and again, and probably again.
Visithttp://www.michigan.org/detroitcomeback for more on Detroit's Comeback Story.

It's2012 and GCAT is at it again! Travelling through the wonderland of Canada's breadbasket -- southern and south western Ontario.
Starting in Windsor, just across the river from Detroit Michigan.
Windsor is quite a picturesque city. But it's also a big bustling city with terrific places to go and great things to do. We landed there just in time to join more than two million people who gathered to watch one of the most impressive fireworks we've ever seen. Not to mention a terrific carnival with Windsor Summerfest in full bloom!
Windsor is really a two nation destination -- just slip across the Detroit River and visit one of America's busiest and boldest cities.
Or drop in to the Windsor CaesarCasino to see if its really your lucky day.
Whatever you do, don't miss out on this great Canadian travel destination!

It's2012 and GCAT is at it again! Travelling through the wonderland of Canada's breadbasket -- southern and south western Ontario.
Starting in Windsor, just across the river from Detroit Michigan.
Windsor is quite a picturesque city. But it's also a big bustling city with terrific places to go and great things to do. We landed there just in time to join more than two million people who gathered to watch one of the most impressive fireworks we've ever seen. Not to mention a terrific carnival with Windsor Summerfest in full bloom!
Windsor is really a two nation destination -- just slip across the Detroit River and visit one of America's busiest and boldest cities.
Or drop in to the Windsor CaesarCasino to see if its really your lucky day.
Whatever you do, don't miss out on this great Canadian travel destination!

Bankrupt - How Cronyism and Corruption Brought Down Detroit

www.detroitbankruptmovie.com
Detroit U.S.A.: Once the most prosperous city in America. With a booming manufacturing sector and cultural magnetism, the city had bright horizons after World War II. But as the 1960′s rolled in, the marriage of Big Business and Big Government overtook Detroit. The central planners in government needed the powerful corporations, and the powerful corporations came to depend on the bureaucracy, too. The marriage worked well for the politicians and for their corporate cronies, but Detroit itself entered a decades-long decline. America watched as Detroit slowly bled people, jobs and revenue. Politicians tried spending money. They tried raising taxes. The more they taxed and spent, the faster the city declined.
Detroit still had its "Big Three" auto manufacturers, ...

published: 01 Feb 2014

The Truth About Detroit's Bankruptcy

Stefan Molyneux breaks down the truth about Detroit's recent bankruptcy including debt, unfunded pensions, health care liabilities, legalities, unemployment, income, poverty, tax burden, education, police, crime, white flight, racial divide, corruption, more bankruptcies coming, bailouts, and comparisons to the United States economy.
Sources: http://board.freedomainradio.com/topic/36614-the-truth-about-detroits-bankruptcy/
Freedomain Radio is 100% funded by viewers like you. Please support the show by signing up for a monthly subscription or making a one time donation at: http://www.fdrurl.com/donate
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Get more from Stefan Molyneux and Freedomain Radio including books, podcasts and o...

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Detroit is in bankruptcy, but once upon a time, Detroit was the heart of the American Dream. Good jobs, big cars, and the world's most profitable companies placed the city at the heart of the global economy.
But as this empire of cars began to crumble and the jobs evaporated, Detroit became the crime capital of America, and a new business, illegal drugs, took over the economy.
Now the city lies in shambles: Detroit is the poorest and most violent major city in America. The heart of the American Dream has been shattered.
From corrupt narcotics cop Henry Marzett to the infamous Young Boys Inc, White BoyRick, and the Best FriendsMurder for Hire gang: see the Kingpins and Killers that called Det...

America. Life in Detroit today Documentary BBС

America. Life in Detroit today GANG SQUAD Documentary BBС
Full documentary,Inisde:Detroit gang squad HD
Street gangs armed with automatic weapons threaten the lives of teens in Detroit.
The Hoggard film crew joins Detroit’s elite unit of 70 men and women tasked with turning the tide in the war against gangs.
In the course of telling this story, a mass shooting takes place in which more than 7 kids at a school bus stop are hit.
See the Detroit GangSquad launch one of their largest investigations to date as they work to bring the shooters to justice.
Getting the intel takes aggressive tactics, unconventional methods and a special kind of cop. With kids caught in the crossfire the stakes couldn’t be higher.

published: 01 Sep 2017

How The American Dream Went Wrong in Detroit

Detroit: Ain't Too Proud to Beg (2009): What happened to the previously booming industrial city of Detroit, and can it be saved?
For similar stories, see:
Will GM Use Bankruptcy to ShedUnionCommitments?
https://www.youtube.com/watch?v=eWj36ZsiHPE
Can Detroit's Kerbside Entrepreneurs Really Save The City?
https://www.youtube.com/watch?v=Vx9BPNkMdgg
Homeless and Hopeless in Detroit
https://www.youtube.com/watch?v=vVHeulY__LQ
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Follow us on Ins...

published: 23 Jun 2016

Rotting, Decaying, And Bankrupt -- Will The Future Of America Look Like Detroit?

Detroit is Bankrupt, Collapse is Inevitable, Fukushima is Leaking - Geneva Business Insider

David L. Smith of the GenevaBusiness Insider blog joins us once again for our monthly conversation on economics, finance and politics. This month we cover the bankruptcy of Detroit, the phoney housing recovery, the lack of preparation for the coming financial collapse, and the disaster at Fukushima.

published: 09 Aug 2013

How Detroit Went Bankrupt - Cardone Zone

Cardone Zone iTunes Podcast Download: http://bit.ly/1avfW4m
Cardone Zone SoundCloud Podcast Download: http://bit.ly/13IGRrk
On July 19th, 2013Grant Cardone talks about how Detroit went bankrupt and what you can learn from it. Detroit is going bankrupt and the Same will happen to YOU IF YOU DON'T PAY ATTENTION TO ME.....Debt, theft, overspending -- denial -- lying -- not living within their means AND UNWILLING TO DO TAKE THE TOUGH ACTIONS BROKE DETROIT
YET MANY continue to say that Detroit is dealing with forces beyond its control.
This is what everyone says when its too late!
WHAT BROKE DETROIT
Politicians unwilling to do the tough things
Refusing to Kill the Sacred CowsContinued to spend
Dependent upon one source of income
Not making changes quickly
Not facing reality
WH...

Detroit Bankruptcy, What's Next for Motor City?

Please share your views with me on Twitter: @susanmodaress
The filing by the automobile capital and one-time music powerhouse has liabilities of more than $18 billion and is the country's largest-ever municipal bankruptcy case. The move to restructure the debt will bring months or even years of legal wrangling, asset sales and cuts to benefits for Detroit workers and retirees, including 20,000 on city pensions. Owners of the city's bonds are expected to battle with retirees and others for pieces of the city's diminished wealth. But Detroit is no stranger to bankruptcy after two of its most prominent companies—General Motors Co. and Chrysler entered and quickly exited Chapter 11 bankruptcy in 2009, thanks to an $80 billion federal bailout. But can a city get a similar rescue and is bailo...

published: 16 Sep 2013

When Entering DETROIT

My commentary on the many problems facing the city of Detroit and some tips on navigating through the city safely. I cover the bankruptcy, the high unemployment, broken streetlights, spray dogs, failure of basic services and some of the attractions.
Detroit police may seek charges against 2 dispatchers for slow 911 reaction; commander demoted
http://www.freep.com/article/20130904/NEWS01/309040135/Todd-Bettison-Head-of-Detroit-Police-Department-communications-demoted
Minor problems are keeping the majority of Detroit's new ambulances off the streets
http://www.wxyz.com/dpp/news/region/detroit/minor-problems-are-keeping-the-majority-of-detroits-new-ambulances-off-the-streets
DIA in peril: A look at the museum's long, tangled relationship with Detroit politics and finances
http://www.freep...

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Gangs of DetroitDocumentary 2017 : Lethal Biker Gangs
Detroit, MI; The city that was the heart of the car industry.
But as the car business has faded in America, Detroit picked a new reputation of violence.
One gang is trying to rule the city : the devils diciples.
They specialize in moving Marijuana and cocaine, but dealing drugs isn't their only vice - they are also involved in weapon trafficking and human trafficking.
They have arms across the country, but their "headquarters" are in Michigan.
Secrecy defines the ...

published: 26 Jan 2017

DEMCAD Show 7-21-13 (Detroit Is Bankrupt! Disastrous Summer For Movies)

www.detroitbankruptmovie.com
Detroit U.S.A.: Once the most prosperous city in America. With a booming manufacturing sector and cultural magnetism, the city had bright horizons after World War II. But as the 1960′s rolled in, the marriage of Big Business and Big Government overtook Detroit. The central planners in government needed the powerful corporations, and the powerful corporations came to depend on the bureaucracy, too. The marriage worked well for the politicians and for their corporate cronies, but Detroit itself entered a decades-long decline. America watched as Detroit slowly bled people, jobs and revenue. Politicians tried spending money. They tried raising taxes. The more they taxed and spent, the faster the city declined.
Detroit still had its "Big Three" auto manufacturers, until two of its crown jewels, General Motors and Chrysler, imploded in 2008 under the weight of reckless and subsidized mismanagement.
Instead of allowing market forces to rebuild Detroit and the auto industry, the United States handed billions of dollars to General Motors and Chrysler.
Five years later, the city of Detroit is bankrupt and almost $20 billion dollars in debt. Meanwhile, General Motors has a cash balance of over $20 billion, still owes the taxpayers over $10 billion dollars that outgoing CEO Dan Akerson said will not be paid, and the company continues to benefit from an unprecedented $18 billion tax gift from the bankruptcy.
Why is General Motors walking away with billions while Detroit dies?
How did so much money change hands between the world's most powerful corporate leaders and government officials while delivering on so little of the promise sold to America by central planners? Bankrupt: How Cronyism & Corruption Took Down Detroit answers this question, and many others. Complete with the candid analysis of pundits, journalists, analysts and government officials, sourcing of historical news and government archives, and on-scene interviews with everyday Detroiters, Bankrupt sheds light on what happened to Detroit, and who is to blame.
And most importantly, it asks "What is next for the Motor City?"

www.detroitbankruptmovie.com
Detroit U.S.A.: Once the most prosperous city in America. With a booming manufacturing sector and cultural magnetism, the city had bright horizons after World War II. But as the 1960′s rolled in, the marriage of Big Business and Big Government overtook Detroit. The central planners in government needed the powerful corporations, and the powerful corporations came to depend on the bureaucracy, too. The marriage worked well for the politicians and for their corporate cronies, but Detroit itself entered a decades-long decline. America watched as Detroit slowly bled people, jobs and revenue. Politicians tried spending money. They tried raising taxes. The more they taxed and spent, the faster the city declined.
Detroit still had its "Big Three" auto manufacturers, until two of its crown jewels, General Motors and Chrysler, imploded in 2008 under the weight of reckless and subsidized mismanagement.
Instead of allowing market forces to rebuild Detroit and the auto industry, the United States handed billions of dollars to General Motors and Chrysler.
Five years later, the city of Detroit is bankrupt and almost $20 billion dollars in debt. Meanwhile, General Motors has a cash balance of over $20 billion, still owes the taxpayers over $10 billion dollars that outgoing CEO Dan Akerson said will not be paid, and the company continues to benefit from an unprecedented $18 billion tax gift from the bankruptcy.
Why is General Motors walking away with billions while Detroit dies?
How did so much money change hands between the world's most powerful corporate leaders and government officials while delivering on so little of the promise sold to America by central planners? Bankrupt: How Cronyism & Corruption Took Down Detroit answers this question, and many others. Complete with the candid analysis of pundits, journalists, analysts and government officials, sourcing of historical news and government archives, and on-scene interviews with everyday Detroiters, Bankrupt sheds light on what happened to Detroit, and who is to blame.
And most importantly, it asks "What is next for the Motor City?"

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Detroit is in bankruptcy, but once upon a time, Detroit was the heart of the A...

SUBSCRIBE for MORE: http://www.youtube.com/subscription_center?add_user=ALPROFIT
Detroit is in bankruptcy, but once upon a time, Detroit was the heart of the American Dream. Good jobs, big cars, and the world's most profitable companies placed the city at the heart of the global economy.
But as this empire of cars began to crumble and the jobs evaporated, Detroit became the crime capital of America, and a new business, illegal drugs, took over the economy.
Now the city lies in shambles: Detroit is the poorest and most violent major city in America. The heart of the American Dream has been shattered.
From corrupt narcotics cop Henry Marzett to the infamous Young Boys Inc, White BoyRick, and the Best FriendsMurder for Hire gang: see the Kingpins and Killers that called Detroit home and became the Henry Fords and Lee Iacoccas of a new generation.
What happens when the Ceo's and Politicians fail in their plans? It's called DETROIT.
http://www.alprofit.com

SUBSCRIBE for MORE: http://www.youtube.com/subscription_center?add_user=ALPROFIT
Detroit is in bankruptcy, but once upon a time, Detroit was the heart of the American Dream. Good jobs, big cars, and the world's most profitable companies placed the city at the heart of the global economy.
But as this empire of cars began to crumble and the jobs evaporated, Detroit became the crime capital of America, and a new business, illegal drugs, took over the economy.
Now the city lies in shambles: Detroit is the poorest and most violent major city in America. The heart of the American Dream has been shattered.
From corrupt narcotics cop Henry Marzett to the infamous Young Boys Inc, White BoyRick, and the Best FriendsMurder for Hire gang: see the Kingpins and Killers that called Detroit home and became the Henry Fords and Lee Iacoccas of a new generation.
What happens when the Ceo's and Politicians fail in their plans? It's called DETROIT.
http://www.alprofit.com

Abby Martin Breaks the Set on Detroit’s Bankruptcy Dictatorship, Driving Through Detroit’s Blight & TakingBack Foreclosed Homes.
LIKE Breaking the Set @ http://fb.me/JournalistAbbyMartin
FOLLOW Abby Martin @ http://twitter.com/AbbyMartin
EPISODE BREAKDOWN: On this episode of Breaking the Set, Abby Martin, features part II of BTS’ on-the-ground coverage from Detroit. Abby starts by interviewing Rev. D. Alexander Bullock, a prominent pastor and activist who explains the most egregious parts of Detroit’s bankruptcy deal and how the emergency management plan impacted the city’s residents. Abby then goes for a ride with the reverend exploring the areas of the city hardest hit by the foreclosure crisis. Abby then speaks with the founder of The TricycleCollective, Michele Olberholtzer, who helps families that have been foreclosed upon buy back their houses at auction. BTS wraps up the show with a look at what the story of Detroit means in the bigger picture of the US’ spending priorities.

Abby Martin Breaks the Set on Detroit’s Bankruptcy Dictatorship, Driving Through Detroit’s Blight & TakingBack Foreclosed Homes.
LIKE Breaking the Set @ http://fb.me/JournalistAbbyMartin
FOLLOW Abby Martin @ http://twitter.com/AbbyMartin
EPISODE BREAKDOWN: On this episode of Breaking the Set, Abby Martin, features part II of BTS’ on-the-ground coverage from Detroit. Abby starts by interviewing Rev. D. Alexander Bullock, a prominent pastor and activist who explains the most egregious parts of Detroit’s bankruptcy deal and how the emergency management plan impacted the city’s residents. Abby then goes for a ride with the reverend exploring the areas of the city hardest hit by the foreclosure crisis. Abby then speaks with the founder of The TricycleCollective, Michele Olberholtzer, who helps families that have been foreclosed upon buy back their houses at auction. BTS wraps up the show with a look at what the story of Detroit means in the bigger picture of the US’ spending priorities.

America. Life in Detroit today GANG SQUAD Documentary BBС
Full documentary,Inisde:Detroit gang squad HD
Street gangs armed with automatic weapons threaten the lives of teens in Detroit.
The Hoggard film crew joins Detroit’s elite unit of 70 men and women tasked with turning the tide in the war against gangs.
In the course of telling this story, a mass shooting takes place in which more than 7 kids at a school bus stop are hit.
See the Detroit GangSquad launch one of their largest investigations to date as they work to bring the shooters to justice.
Getting the intel takes aggressive tactics, unconventional methods and a special kind of cop. With kids caught in the crossfire the stakes couldn’t be higher.

America. Life in Detroit today GANG SQUAD Documentary BBС
Full documentary,Inisde:Detroit gang squad HD
Street gangs armed with automatic weapons threaten the lives of teens in Detroit.
The Hoggard film crew joins Detroit’s elite unit of 70 men and women tasked with turning the tide in the war against gangs.
In the course of telling this story, a mass shooting takes place in which more than 7 kids at a school bus stop are hit.
See the Detroit GangSquad launch one of their largest investigations to date as they work to bring the shooters to justice.
Getting the intel takes aggressive tactics, unconventional methods and a special kind of cop. With kids caught in the crossfire the stakes couldn’t be higher.

How The American Dream Went Wrong in Detroit

Detroit: Ain't Too Proud to Beg (2009): What happened to the previously booming industrial city of Detroit, and can it be saved?
For similar stories, see:
Wi...

Detroit: Ain't Too Proud to Beg (2009): What happened to the previously booming industrial city of Detroit, and can it be saved?
For similar stories, see:
Will GM Use Bankruptcy to ShedUnionCommitments?
https://www.youtube.com/watch?v=eWj36ZsiHPE
Can Detroit's Kerbside Entrepreneurs Really Save The City?
https://www.youtube.com/watch?v=Vx9BPNkMdgg
Homeless and Hopeless in Detroit
https://www.youtube.com/watch?v=vVHeulY__LQ
Subscribe to journeyman for daily uploads:
http://www.youtube.com/subscription_center?add_user=journeymanpictures
For downloads and more information visit:
http://www.journeyman.tv/film/4431
Like us on Facebook:
https://www.facebook.com/journeymanpictures
Follow us on Twitter:
https://twitter.com/JourneymanVOD
https://twitter.com/JourneymanNews
Follow us on Instagram:
https://instagram.com/journeymanpictures
The city of Motown and big cars is turning into an industrial wasteland. As General Motors sinks to its knees, this story asks can the fortunes of the US car industry still be turned around?
Motown legend Martha Reeves believes there's hope for Detroit. "The Motown mood is a good time and a party. There's sunshine in the music" she says. Yet driving through the city a different story is told - derelict buildings, deserted streets and abandoned factories. "That's something you feel in your stomach every day."
At the centre of it all is the iconic General Motors empire. "There were 17000 people when it started," says a former employee "it's gone down to 16000." Thousands like him grieve for the company as for a loved one. The company's lack of innovation may be to blame. "When there was a situation where you could do something that was hard or do the minimum amount, they always took the latter path" says former GM executive, Robert Kleinbaum. With more competitive, greener products in the pipeline, GM still believes in its future. "We are two, three years ahead. We can build very compelling vehicles."
But under the surface plans to file for bankruptcy are being put in motion. Detroit has always been the industrial base. "We can't just give it all away" says long-time resident DJ Dick. It seems that the days of the classic Pontiac are truly over.
ABC Australia – Ref. 4431
JourneymanPictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.

Detroit: Ain't Too Proud to Beg (2009): What happened to the previously booming industrial city of Detroit, and can it be saved?
For similar stories, see:
Will GM Use Bankruptcy to ShedUnionCommitments?
https://www.youtube.com/watch?v=eWj36ZsiHPE
Can Detroit's Kerbside Entrepreneurs Really Save The City?
https://www.youtube.com/watch?v=Vx9BPNkMdgg
Homeless and Hopeless in Detroit
https://www.youtube.com/watch?v=vVHeulY__LQ
Subscribe to journeyman for daily uploads:
http://www.youtube.com/subscription_center?add_user=journeymanpictures
For downloads and more information visit:
http://www.journeyman.tv/film/4431
Like us on Facebook:
https://www.facebook.com/journeymanpictures
Follow us on Twitter:
https://twitter.com/JourneymanVOD
https://twitter.com/JourneymanNews
Follow us on Instagram:
https://instagram.com/journeymanpictures
The city of Motown and big cars is turning into an industrial wasteland. As General Motors sinks to its knees, this story asks can the fortunes of the US car industry still be turned around?
Motown legend Martha Reeves believes there's hope for Detroit. "The Motown mood is a good time and a party. There's sunshine in the music" she says. Yet driving through the city a different story is told - derelict buildings, deserted streets and abandoned factories. "That's something you feel in your stomach every day."
At the centre of it all is the iconic General Motors empire. "There were 17000 people when it started," says a former employee "it's gone down to 16000." Thousands like him grieve for the company as for a loved one. The company's lack of innovation may be to blame. "When there was a situation where you could do something that was hard or do the minimum amount, they always took the latter path" says former GM executive, Robert Kleinbaum. With more competitive, greener products in the pipeline, GM still believes in its future. "We are two, three years ahead. We can build very compelling vehicles."
But under the surface plans to file for bankruptcy are being put in motion. Detroit has always been the industrial base. "We can't just give it all away" says long-time resident DJ Dick. It seems that the days of the classic Pontiac are truly over.
ABC Australia – Ref. 4431
JourneymanPictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.

published:23 Jun 2016

views:37715

back

Rotting, Decaying, And Bankrupt -- Will The Future Of America Look Like Detroit?

David L. Smith of the GenevaBusiness Insider blog joins us once again for our monthly conversation on economics, finance and politics. This month we cover the bankruptcy of Detroit, the phoney housing recovery, the lack of preparation for the coming financial collapse, and the disaster at Fukushima.

David L. Smith of the GenevaBusiness Insider blog joins us once again for our monthly conversation on economics, finance and politics. This month we cover the bankruptcy of Detroit, the phoney housing recovery, the lack of preparation for the coming financial collapse, and the disaster at Fukushima.

Cardone Zone iTunes Podcast Download: http://bit.ly/1avfW4m
Cardone Zone SoundCloud Podcast Download: http://bit.ly/13IGRrk
On July 19th, 2013Grant Cardone talks about how Detroit went bankrupt and what you can learn from it. Detroit is going bankrupt and the Same will happen to YOU IF YOU DON'T PAY ATTENTION TO ME.....Debt, theft, overspending -- denial -- lying -- not living within their means AND UNWILLING TO DO TAKE THE TOUGH ACTIONS BROKE DETROIT
YET MANY continue to say that Detroit is dealing with forces beyond its control.
This is what everyone says when its too late!
WHAT BROKE DETROIT
Politicians unwilling to do the tough things
Refusing to Kill the Sacred CowsContinued to spend
Dependent upon one source of income
Not making changes quickly
Not facing reality
WHAT IS HAPPENING TO DETROIT -- SAN BERNADINO -- STOCKTON AND OTHER PLACES WILL HAPPEN TO THE USA---- and will happen to you unless you do the kinds of things I tell you here.
1 years ago I saw similar issue with CALIFORNIA
I made a list of Sacred Cows I have --
HomeWeatherComfortable
Why I started with the sacred cows is because they are always emotional....
Emotions cost money and sink families- cities and countries
Sacred Cows and Excuses
1. Kids going to School -- Can't separate little billy
2. The house
3. The parents
4. We lived here our whole life
5. Can't imagine starting over
When Oil Embargo hit in 1973 --
Detroit was not willing to make changes and build different products
When Big 3 started moving out --
People didn't make the move
When the city wasn't collecting enuf revenues it didn't quit spending
The Big 3 survived -- Why?
Because they left
Your financial survival has to become one of the MOST IMPORTANT THINGS IN YOUR LIFE
DETROIT WILL happen to YOU IF YOU REPEAT THIS INSANITY BEING EMPLOYED BY CITIES, GOVTS AND YOUR FRIENDSTHIS IS WHAT I WANT YOU TO DO
1) MAKEA LIST OF SACRED COWS
2) MAKE A LIST OF EXCUSES YOU HAVE
3) LIST OF ACTIONS THAT YOU KNOW YOU NEED TO TAKE RIGHT NOW FOR YOUR FINANCIAL SURVIVAL
4) CALL ME UP AND I WILL COACH YOU THROUGH IT
GrantCardone.com
http://www.grantcardone.com
Twitter
http://www.twitter.com/grantcardone
Facebook
http://www.facebook.com/cardonesuccess
Instagram - @grantcardone
http://www.instagram.com/grantcardone

Cardone Zone iTunes Podcast Download: http://bit.ly/1avfW4m
Cardone Zone SoundCloud Podcast Download: http://bit.ly/13IGRrk
On July 19th, 2013Grant Cardone talks about how Detroit went bankrupt and what you can learn from it. Detroit is going bankrupt and the Same will happen to YOU IF YOU DON'T PAY ATTENTION TO ME.....Debt, theft, overspending -- denial -- lying -- not living within their means AND UNWILLING TO DO TAKE THE TOUGH ACTIONS BROKE DETROIT
YET MANY continue to say that Detroit is dealing with forces beyond its control.
This is what everyone says when its too late!
WHAT BROKE DETROIT
Politicians unwilling to do the tough things
Refusing to Kill the Sacred CowsContinued to spend
Dependent upon one source of income
Not making changes quickly
Not facing reality
WHAT IS HAPPENING TO DETROIT -- SAN BERNADINO -- STOCKTON AND OTHER PLACES WILL HAPPEN TO THE USA---- and will happen to you unless you do the kinds of things I tell you here.
1 years ago I saw similar issue with CALIFORNIA
I made a list of Sacred Cows I have --
HomeWeatherComfortable
Why I started with the sacred cows is because they are always emotional....
Emotions cost money and sink families- cities and countries
Sacred Cows and Excuses
1. Kids going to School -- Can't separate little billy
2. The house
3. The parents
4. We lived here our whole life
5. Can't imagine starting over
When Oil Embargo hit in 1973 --
Detroit was not willing to make changes and build different products
When Big 3 started moving out --
People didn't make the move
When the city wasn't collecting enuf revenues it didn't quit spending
The Big 3 survived -- Why?
Because they left
Your financial survival has to become one of the MOST IMPORTANT THINGS IN YOUR LIFE
DETROIT WILL happen to YOU IF YOU REPEAT THIS INSANITY BEING EMPLOYED BY CITIES, GOVTS AND YOUR FRIENDSTHIS IS WHAT I WANT YOU TO DO
1) MAKEA LIST OF SACRED COWS
2) MAKE A LIST OF EXCUSES YOU HAVE
3) LIST OF ACTIONS THAT YOU KNOW YOU NEED TO TAKE RIGHT NOW FOR YOUR FINANCIAL SURVIVAL
4) CALL ME UP AND I WILL COACH YOU THROUGH IT
GrantCardone.com
http://www.grantcardone.com
Twitter
http://www.twitter.com/grantcardone
Facebook
http://www.facebook.com/cardonesuccess
Instagram - @grantcardone
http://www.instagram.com/grantcardone

Detroit Bankruptcy, What's Next for Motor City?

Please share your views with me on Twitter: @susanmodaress
The filing by the automobile capital and one-time music powerhouse has liabilities of more than $18...

Please share your views with me on Twitter: @susanmodaress
The filing by the automobile capital and one-time music powerhouse has liabilities of more than $18 billion and is the country's largest-ever municipal bankruptcy case. The move to restructure the debt will bring months or even years of legal wrangling, asset sales and cuts to benefits for Detroit workers and retirees, including 20,000 on city pensions. Owners of the city's bonds are expected to battle with retirees and others for pieces of the city's diminished wealth. But Detroit is no stranger to bankruptcy after two of its most prominent companies—General Motors Co. and Chrysler entered and quickly exited Chapter 11 bankruptcy in 2009, thanks to an $80 billion federal bailout. But can a city get a similar rescue and is bailout even an option?

Please share your views with me on Twitter: @susanmodaress
The filing by the automobile capital and one-time music powerhouse has liabilities of more than $18 billion and is the country's largest-ever municipal bankruptcy case. The move to restructure the debt will bring months or even years of legal wrangling, asset sales and cuts to benefits for Detroit workers and retirees, including 20,000 on city pensions. Owners of the city's bonds are expected to battle with retirees and others for pieces of the city's diminished wealth. But Detroit is no stranger to bankruptcy after two of its most prominent companies—General Motors Co. and Chrysler entered and quickly exited Chapter 11 bankruptcy in 2009, thanks to an $80 billion federal bailout. But can a city get a similar rescue and is bailout even an option?

When Entering DETROIT

My commentary on the many problems facing the city of Detroit and some tips on navigating through the city safely. I cover the bankruptcy, the high unemployment...

My commentary on the many problems facing the city of Detroit and some tips on navigating through the city safely. I cover the bankruptcy, the high unemployment, broken streetlights, spray dogs, failure of basic services and some of the attractions.
Detroit police may seek charges against 2 dispatchers for slow 911 reaction; commander demoted
http://www.freep.com/article/20130904/NEWS01/309040135/Todd-Bettison-Head-of-Detroit-Police-Department-communications-demoted
Minor problems are keeping the majority of Detroit's new ambulances off the streets
http://www.wxyz.com/dpp/news/region/detroit/minor-problems-are-keeping-the-majority-of-detroits-new-ambulances-off-the-streets
DIA in peril: A look at the museum's long, tangled relationship with Detroit politics and finances
http://www.freep.com/interactive/article/20130908/ENT05/130905007/DIA-in-peril-museum-s-relationship-Detroit-politics-finances
DIA will not file eligibility challenge to Detroit bankruptcy
http://www.crainsdetroit.com/article/20130819/NEWS/130819855/dia-will-not-file-eligibility-challenge-to-detroit-bankruptcy#

My commentary on the many problems facing the city of Detroit and some tips on navigating through the city safely. I cover the bankruptcy, the high unemployment, broken streetlights, spray dogs, failure of basic services and some of the attractions.
Detroit police may seek charges against 2 dispatchers for slow 911 reaction; commander demoted
http://www.freep.com/article/20130904/NEWS01/309040135/Todd-Bettison-Head-of-Detroit-Police-Department-communications-demoted
Minor problems are keeping the majority of Detroit's new ambulances off the streets
http://www.wxyz.com/dpp/news/region/detroit/minor-problems-are-keeping-the-majority-of-detroits-new-ambulances-off-the-streets
DIA in peril: A look at the museum's long, tangled relationship with Detroit politics and finances
http://www.freep.com/interactive/article/20130908/ENT05/130905007/DIA-in-peril-museum-s-relationship-Detroit-politics-finances
DIA will not file eligibility challenge to Detroit bankruptcy
http://www.crainsdetroit.com/article/20130819/NEWS/130819855/dia-will-not-file-eligibility-challenge-to-detroit-bankruptcy#

Know these travel tips? - https://goo.gl/eT72FS
DrivingDowntown - Detroit Michigan USA - Episode 27.
Starting Point: Fort St https://goo.gl/maps/8ySiSisrEYC2 .
Detroit is the most populous city in the U.S. state of Michigan, the fourth-largest city in the Midwest and the largest city on the United States–Canada border. It is the seat of Wayne County, the most populous county in the state. Detroit's metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the fourteenth-most populous metropolitan area in the United States and the second-largest in the Midwestern United States (behind Chicago).
The Detroit–Windsor area, a commercial link straddling the Canada–U.S. border, has a total population of about 5.7 million.[7] The Detroit metropolitan region holds roughly one-half of Michigan's population.[4][8] Detroit is a major port on the Detroit River, a strait that connects the Great Lakes system to the Saint Lawrence Seaway. The Detroit Metropolitan Airport is among the most important hubs in the United States. The City of Detroit anchors the second-largest economic region in the Midwest, behind Chicago, and the thirteenth-largest in the United States.[9][10]
Detroit was founded on July 24, 1701 by the French explorer and adventurer Antoine de la Mothe Cadillac and a party of settlers. With expansion of the automobile industry, the Detroit area emerged as a significant metropolitan region within the United States in the early 20th century, when the city became the fourth-largest in the country for a period. In the1950s and 1960s, expansion continued with construction of a regional freeway system.
Due to industrial restructuring and loss of jobs in the auto industry, Detroit lost considerable population from the late 20th century to present. Between 2000 and 2010 the city's population fell by 25 percent, changing its ranking from the nation's 10th-largest city to 18th.[11] In 2010, the city had a population of 713,777, more than a 60 percent drop from a peak population of over 1.8 million at the 1950 census. This resulted from suburbanization, industrial restructuring, and the decline of Detroit's auto industry.[4] Following the shift of population and jobs to its suburbs or other states or nations, the city has focused on becoming the metropolitan region's employment and economic center.
The erstwhile rapid growth of the city left a globally unique stock of architectural monuments and historic places of the first half of the 20th century, with many of them falling into disrepair or torn down since the 1960s. Conservation efforts managed to save many architectural pieces since the 2000s and allowed several large-scale revitalisations. Downtown Detroit has held an increased role as a cultural destination in the 21st century, with the restoration of several historic theatres and entertainment venues, new sports stadiums, and a riverfront revitalization project. More recently, the population of Downtown Detroit, Midtown Detroit, and a handful of other neighborhoods has increased. Some other neighborhoods remain distressed, with extensive abandonment of properties.
The Governor of Michigan, Rick Snyder, declared a financial emergency for the city in March 2013, appointing an emergency manager. On July 18, 2013, Detroit filed the largest municipal bankruptcy case in U.S. history.[12] It was declared bankrupt by Judge Steven W. Rhodes of the Bankruptcy Court for the Eastern District of Michigan on December 3, 2013; he cited its $18.5 billion debt and declared that negotiations with its thousands of creditors were unfeasible.[13] On November 7, 2014, Judge Rhodes approved the city's bankruptcy plan, allowing the city to begin the process of exiting bankruptcy.[14] The City of Detroit successfully exited Chapter 9 municipal bankruptcy with all finances handed back to the city at midnight on December 11, 2014.
Economy
Several major corporations are based in the city, including three Fortune 500 companies. The most heavily represented sectors are manufacturing (particularly automotive), finance, technology, and health care. The most significant companies based in Detroit include: General Motors, Quicken Loans, Ally Financial, Compuware, Shinola, American Axle, Little Caesars, DTE Energy, Lowe Campbell Ewald, Blue Cross Blue Shield of Michigan, and Rossetti Architects.
About 80,500 people work in downtown Detroit, comprising one-fifth of the city's employment base.[149][150] Aside from the numerous Detroit-based companies listed above, downtown contains large offices for Comerica, Chrysler, HP Enterprise, Deloitte, PricewaterhouseCoopers, KPMG, and Ernst & Young. Ford Motor Company is located in the adjacent city of Dearborn.
https://en.wikipedia.org/wiki/Detroit
https://www.tripadvisor.com/Tourism-g42139-Detroit_Michigan-Vacations.htmlhttp://visitdetroit.com/
https://www.facebook.com/places/Things-to-do-in-Detroit-Michigan/114586701886732/

Know these travel tips? - https://goo.gl/eT72FS
DrivingDowntown - Detroit Michigan USA - Episode 27.
Starting Point: Fort St https://goo.gl/maps/8ySiSisrEYC2 .
Detroit is the most populous city in the U.S. state of Michigan, the fourth-largest city in the Midwest and the largest city on the United States–Canada border. It is the seat of Wayne County, the most populous county in the state. Detroit's metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the fourteenth-most populous metropolitan area in the United States and the second-largest in the Midwestern United States (behind Chicago).
The Detroit–Windsor area, a commercial link straddling the Canada–U.S. border, has a total population of about 5.7 million.[7] The Detroit metropolitan region holds roughly one-half of Michigan's population.[4][8] Detroit is a major port on the Detroit River, a strait that connects the Great Lakes system to the Saint Lawrence Seaway. The Detroit Metropolitan Airport is among the most important hubs in the United States. The City of Detroit anchors the second-largest economic region in the Midwest, behind Chicago, and the thirteenth-largest in the United States.[9][10]
Detroit was founded on July 24, 1701 by the French explorer and adventurer Antoine de la Mothe Cadillac and a party of settlers. With expansion of the automobile industry, the Detroit area emerged as a significant metropolitan region within the United States in the early 20th century, when the city became the fourth-largest in the country for a period. In the1950s and 1960s, expansion continued with construction of a regional freeway system.
Due to industrial restructuring and loss of jobs in the auto industry, Detroit lost considerable population from the late 20th century to present. Between 2000 and 2010 the city's population fell by 25 percent, changing its ranking from the nation's 10th-largest city to 18th.[11] In 2010, the city had a population of 713,777, more than a 60 percent drop from a peak population of over 1.8 million at the 1950 census. This resulted from suburbanization, industrial restructuring, and the decline of Detroit's auto industry.[4] Following the shift of population and jobs to its suburbs or other states or nations, the city has focused on becoming the metropolitan region's employment and economic center.
The erstwhile rapid growth of the city left a globally unique stock of architectural monuments and historic places of the first half of the 20th century, with many of them falling into disrepair or torn down since the 1960s. Conservation efforts managed to save many architectural pieces since the 2000s and allowed several large-scale revitalisations. Downtown Detroit has held an increased role as a cultural destination in the 21st century, with the restoration of several historic theatres and entertainment venues, new sports stadiums, and a riverfront revitalization project. More recently, the population of Downtown Detroit, Midtown Detroit, and a handful of other neighborhoods has increased. Some other neighborhoods remain distressed, with extensive abandonment of properties.
The Governor of Michigan, Rick Snyder, declared a financial emergency for the city in March 2013, appointing an emergency manager. On July 18, 2013, Detroit filed the largest municipal bankruptcy case in U.S. history.[12] It was declared bankrupt by Judge Steven W. Rhodes of the Bankruptcy Court for the Eastern District of Michigan on December 3, 2013; he cited its $18.5 billion debt and declared that negotiations with its thousands of creditors were unfeasible.[13] On November 7, 2014, Judge Rhodes approved the city's bankruptcy plan, allowing the city to begin the process of exiting bankruptcy.[14] The City of Detroit successfully exited Chapter 9 municipal bankruptcy with all finances handed back to the city at midnight on December 11, 2014.
Economy
Several major corporations are based in the city, including three Fortune 500 companies. The most heavily represented sectors are manufacturing (particularly automotive), finance, technology, and health care. The most significant companies based in Detroit include: General Motors, Quicken Loans, Ally Financial, Compuware, Shinola, American Axle, Little Caesars, DTE Energy, Lowe Campbell Ewald, Blue Cross Blue Shield of Michigan, and Rossetti Architects.
About 80,500 people work in downtown Detroit, comprising one-fifth of the city's employment base.[149][150] Aside from the numerous Detroit-based companies listed above, downtown contains large offices for Comerica, Chrysler, HP Enterprise, Deloitte, PricewaterhouseCoopers, KPMG, and Ernst & Young. Ford Motor Company is located in the adjacent city of Dearborn.
https://en.wikipedia.org/wiki/Detroit
https://www.tripadvisor.com/Tourism-g42139-Detroit_Michigan-Vacations.htmlhttp://visitdetroit.com/
https://www.facebook.com/places/Things-to-do-in-Detroit-Michigan/114586701886732/

ENJOYED WATCHING? GREAT,
NOW PLEASE SHARE SO WE CAN PROVIDE MORE GREAT CONTENT!
We're Trying To Grow Our Channel & END ALL ADS on our Videos.
PleaseSupport us by getting our new Tshirts and Hoodies (they're awesome!)
Click here to get yours - https://tspr.ng/c/dzfan
Gangs of DetroitDocumentary 2017 : Lethal Biker Gangs
Detroit, MI; The city that was the heart of the car industry.
But as the car business has faded in America, Detroit picked a new reputation of violence.
One gang is trying to rule the city : the devils diciples.
They specialize in moving Marijuana and cocaine, but dealing drugs isn't their only vice - they are also involved in weapon trafficking and human trafficking.
They have arms across the country, but their "headquarters" are in Michigan.
Secrecy defines the gang and very little is known about their crimes, as they vow to silence.
In this rare documentary we get a rare look into this savages' life.
Please note that there are some graphic materials that some audiences might find disturbing,
Viewers discretion is advised !
Please support DocoZone by liking and sharing this video !
----------------------
Never miss another documentary - Subscribe to Docozone NOW!
https://www.youtube.com/channel/UCDvN1pp1DHRZxLMelj_r1wQ?sub_confirmation=1
------------------------------------
Read more about the crips & bloods in SC :
http://www.thestate.com/news/local/crime/article94451592.html
-----------------
WATCH MORE :
Gangs in the USMilitary -
https://youtu.be/ykwh1gySyrY
New OrleansINSANE Gangs Documentary -
https://youtu.be/0Gy_DMzUqK0
Los Zetas: Most ViciousMexicanCartel EVER!
https://youtu.be/bsG35MEeess
SatanDisciples GANG Documentary -
https://youtu.be/FmvHFCYQaLg
Gangs in Salt Lake CityUTAH -
https://youtu.be/R2bYSFWJvGo
Girls in Gangs Documentary -
https://youtu.be/SFzGwGu_pgQ
Sin Citys VICIOUS Gangs -
https://youtu.be/07KY8yS3VKA
IllinoisRuthless Gangs -
https://youtu.be/g4yhVU1fU3c
La Eme - The MexicanMafia
https://youtu.be/HqVhTmBL2zw
Most Vicious Gangs of Memphis
https://youtu.be/lw-Mhp_Y1V8
Chicago Gangs Documentary -
https://youtu.be/eVF-RWg7Cdg
Atlanta Gangs Documentary -
https://youtu.be/T3o6e-QReSs
Miami Gangs Documentary -
https://youtu.be/wrF35qSUpC4

ENJOYED WATCHING? GREAT,
NOW PLEASE SHARE SO WE CAN PROVIDE MORE GREAT CONTENT!
We're Trying To Grow Our Channel & END ALL ADS on our Videos.
PleaseSupport us by getting our new Tshirts and Hoodies (they're awesome!)
Click here to get yours - https://tspr.ng/c/dzfan
Gangs of DetroitDocumentary 2017 : Lethal Biker Gangs
Detroit, MI; The city that was the heart of the car industry.
But as the car business has faded in America, Detroit picked a new reputation of violence.
One gang is trying to rule the city : the devils diciples.
They specialize in moving Marijuana and cocaine, but dealing drugs isn't their only vice - they are also involved in weapon trafficking and human trafficking.
They have arms across the country, but their "headquarters" are in Michigan.
Secrecy defines the gang and very little is known about their crimes, as they vow to silence.
In this rare documentary we get a rare look into this savages' life.
Please note that there are some graphic materials that some audiences might find disturbing,
Viewers discretion is advised !
Please support DocoZone by liking and sharing this video !
----------------------
Never miss another documentary - Subscribe to Docozone NOW!
https://www.youtube.com/channel/UCDvN1pp1DHRZxLMelj_r1wQ?sub_confirmation=1
------------------------------------
Read more about the crips & bloods in SC :
http://www.thestate.com/news/local/crime/article94451592.html
-----------------
WATCH MORE :
Gangs in the USMilitary -
https://youtu.be/ykwh1gySyrY
New OrleansINSANE Gangs Documentary -
https://youtu.be/0Gy_DMzUqK0
Los Zetas: Most ViciousMexicanCartel EVER!
https://youtu.be/bsG35MEeess
SatanDisciples GANG Documentary -
https://youtu.be/FmvHFCYQaLg
Gangs in Salt Lake CityUTAH -
https://youtu.be/R2bYSFWJvGo
Girls in Gangs Documentary -
https://youtu.be/SFzGwGu_pgQ
Sin Citys VICIOUS Gangs -
https://youtu.be/07KY8yS3VKA
IllinoisRuthless Gangs -
https://youtu.be/g4yhVU1fU3c
La Eme - The MexicanMafia
https://youtu.be/HqVhTmBL2zw
Most Vicious Gangs of Memphis
https://youtu.be/lw-Mhp_Y1V8
Chicago Gangs Documentary -
https://youtu.be/eVF-RWg7Cdg
Atlanta Gangs Documentary -
https://youtu.be/T3o6e-QReSs
Miami Gangs Documentary -
https://youtu.be/wrF35qSUpC4

published:26 Jan 2017

views:1081439

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DEMCAD Show 7-21-13 (Detroit Is Bankrupt! Disastrous Summer For Movies)

Bankrupt - How Cronyism and Corruption Brought Down Detroit

www.detroitbankruptmovie.com
Detroit U.S.A.: Once the most prosperous city in America. With a booming manufacturing sector and cultural magnetism, the city had bright horizons after World War II. But as the 1960′s rolled in, the marriage of Big Business and Big Government overtook Detroit. The central planners in government needed the powerful corporations, and the powerful corporations came to depend on the bureaucracy, too. The marriage worked well for the politicians and for their corporate cronies, but Detroit itself entered a decades-long decline. America watched as Detroit slowly bled people, jobs and revenue. Politicians tried spending money. They tried raising taxes. The more they taxed and spent, the faster the city declined.
Detroit still had its "Big Three" auto manufacturers, until two of its crown jewels, General Motors and Chrysler, imploded in 2008 under the weight of reckless and subsidized mismanagement.
Instead of allowing market forces to rebuild Detroit and the auto industry, the United States handed billions of dollars to General Motors and Chrysler.
Five years later, the city of Detroit is bankrupt and almost $20 billion dollars in debt. Meanwhile, General Motors has a cash balance of over $20 billion, still owes the taxpayers over $10 billion dollars that outgoing CEO Dan Akerson said will not be paid, and the company continues to benefit from an unprecedented $18 billion tax gift from the bankruptcy.
Why is General Motors walking away with billions while Detroit dies?
How did so much money change hands between the world's most powerful corporate leaders and government officials while delivering on so little of the promise sold to America by central planners? Bankrupt: How Cronyism & Corruption Took Down Detroit answers this question, and many others. Complete with the candid analysis of pundits, journalists, analysts and government officials, sourcing of historical news and government archives, and on-scene interviews with everyday Detroiters, Bankrupt sheds light on what happened to Detroit, and who is to blame.
And most importantly, it asks "What is next for the Motor City?"

39:38

The Truth About Detroit's Bankruptcy

Stefan Molyneux breaks down the truth about Detroit's recent bankruptcy including debt, un...

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Detroit is in bankruptcy, but once upon a time, Detroit was the heart of the American Dream. Good jobs, big cars, and the world's most profitable companies placed the city at the heart of the global economy.
But as this empire of cars began to crumble and the jobs evaporated, Detroit became the crime capital of America, and a new business, illegal drugs, took over the economy.
Now the city lies in shambles: Detroit is the poorest and most violent major city in America. The heart of the American Dream has been shattered.
From corrupt narcotics cop Henry Marzett to the infamous Young Boys Inc, White BoyRick, and the Best FriendsMurder for Hire gang: see the Kingpins and Killers that called Detroit home and became the Henry Fords and Lee Iacoccas of a new generation.
What happens when the Ceo's and Politicians fail in their plans? It's called DETROIT.
http://www.alprofit.com